Award of Share Options

Kenmare Resources plc ("Kenmare" or "the Company") 3 October 2006 Kenmare Resources plc has today issued share options, in accordance with the terms of the Company Share Option Scheme for a nominal consideration of Euro 6, to certain Directors and staff over 10.5 million Ordinary Euro 0.06 Shares. The exercise price is Stg 40p. The Directors and Company Secretary participate in this issue of options as follows : Options Total Options Granted held (inclusive of this notification) Alastair Brown Executive Director 1,250,000 3,371,629 Michael Carvill Executive Director 2,000,000 6,530,000 Chris Gilchrist Executive Director 1,250,000 2,500,000 Tony McCluskey Executive Director 1,500,000 4,430,000 Charles Carvill Non-executive Director 500,000 2,496,629 Ian Egan Non-executive Director 500,000 2,180,000 Simon Farrell Non-executive Director 500,000 1,180,000 Terry Non-executive Director 500,000 900,000 Fitzpatrick Donal Kinsella Non-executive Director 500,000 860,000 Tony Lowrie Non-executive Director 500,000 500,000 Peter McAleer Non-executive Director 500,000 1,250,000 Deirdre Corcoran Company Secretary 500,000 1,825,000 For more information: Kenmare Resources plc Michael Carvill, Managing Director Tel: + 353 1 671 0411 Mob: + 353 87 674 0110 Conduit PR Ltd Leesa Peters Tel: + 44 (0) 207 429 6600 Mob: + 44 (0) 781 215 9885 Murray Consultants Ltd Elizabeth Headon Tel: + 353 1 498 0300 Mob: +353 87 989 7234 www.kenmareresources.com ---END OF MESSAGE---
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