Exercise of Options

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

18th December 2007
                      RE : Exercise of Options


Options to subscribe for 200,000 Ordinary Shares of ¤0.06c in the
capital of Kenmare have been exercised. Application has been made to
the Irish Stock Exchange and the UK Listing Authority for the new
Ordinary Shares to be admitted to, respectively, the Official List of
the Irish Stock Exchange and the Official List of the UK Listing
Authority and to the London Stock Exchange for the new shares to be
admitted to trading. The new Ordinary Shares rank pari passu in all
respects with the existing Ordinary Shares.



____________________
Tony McCluskey
Financial Director

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