Doc re. Moma Update

Kenmare Resources plc ("Kenmare" or "the Company")

20 May 2010
                                  Moma Update

At  its Annual General Meeting today  Kenmare Resources updated its shareholders
on progress at its Moma Titanium Minerals Mine in Mozambique.

Production  figures  for  April  show  a  continuation  of the positive trend in
production  volumes with  production of  ilmenite, (a  titanium mineral, and the
project's  main product),  up 14% to  57,307 tonnes from  the monthly average of
50,300 tonnes  achieved in the first quarter.  Production of zircon (a zirconium
mineral,  the  project's  main  co-product)  is  up 20% to 3,231 tonnes from the
monthly  average of  2,670 tonnes for  the first  quarter.  These figures are in
line  with expectations.  Production of  rutile, a minor co-product representing
only 5% of project revenues at full rutile output, has also increased, albeit at
a  slower rate. We anticipate that  rutile production will improve significantly
during  the coming months following the introduction of new separation equipment
in  the  circuit.  Operating  cash  generation  from  the  project  continues to
increase.

The  market for titanium minerals  continues to improve both  in terms of higher
demand  and pricing.  This is a result  of growth in emerging economies, the end
of  the  contraction  in  developed  economies,  and  the  depletion of ilmenite
stockpiles  bought at  depressed prices  by major  Chinese producers  during the
downturn. The market for zircon is also firming with significant price increases
being  announced by major  suppliers of zircon.   This underpins our strategy of
expanding  production at  Moma and  investing to  capitalise on  more favourable
market conditions.

To  this end,  Kenmare is  progressing with  the engineering  design of its 50%
expansion  of output from  Moma.  An Owner's  Team has been  appointed and is in
place  in Johannesburg.   The Owner's Team  will supervise the completion of the
Definitive  Engineering Study,  the appointment  of an  EPCM contractor  and the
implementation of the expansion project.

For more information:

Kenmare Resources plc
Michael Carvill, Managing Director
Tel: [phone]
Mob: + 353 87 674 0110

Murray Consultants
Jim Milton/Joe Heron
Tel: [phone]
Mob: + 353 86 255 8400

Conduit PR Ltd
Leesa Peters/Charlie Geller
Tel: [phone]
Mob: [phone]

          www.kenmareresources.com <

http://www.kenmareresources.com/>


[HUG#1417545]