Director Shareholding

Kenmare Resources PLC
10 October 2001


                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company

Kenmare Resources Plc

2) Name of director

Peter McAleer

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18 or in respect of a
non-beneficial interest

As in 2 above

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

Norwest Mining Consultants Limited

5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)

N/A


6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

Notification of Interest on Appointment to the Board. Grant of Share Options

7) Number of shares/amount of
stock acquired

Nil

8) Percentage of issued class

Nil

9) Number of shares/amount
of stock disposed

Nil

10) Percentage of issued class

Nil

11) Class of security

Nil

12) Price per share

N/A

13) Date of transaction

N/A

14) Date company informed

N/A

15) Total holding following this notification

Nil

16) Total percentage holding of issued class following this notification

Nil


If a director has been granted options by the company please complete the
following boxes

17) Date of grant

9th October, 2001

18) Period during which or date on which exercisable

Options exercisable on the earlier of successful completion of project
financing or the commencement of implementation of the Moma Titanium Project.
In the event of a takeover of Kenmare Resources plc the options will become
exercisable immediately. Latest exercise date is 9th October, 2008.

19) Total amount paid (if any) for grant of the option

IR£1

20) Description of shares or debentures involved: class, number

Options over 750,000 Ordinary Shares of nominal value Euro0.06

21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise

Stg 14.25p per share

22) Total number of shares or debentures over which options held
following this notification

750,000 Options



23) Any additional information

N/A

24) Name of contact and telephone number for queries

Deirdre Corcoran, Tel: + 353 1 6710411

25) Name and signature of authorised company official responsible for
making this notification Deirdre Corcoran

Date of Notification...09 October 2001 ...............................