Holding(s) in Company

Kenmare Resources PLC
24 May 2002


Kenmare Resources Plc

24 May 2002

Re: Holding in Company

A Letter from M&G Investment Management Limited to Kenmare Resources Plc dated
the 23 May 2002, received by Kenmare Resources Plc on the 23 May 2002.

Companies Act 1985 (as amended):
Disclosure of Interests in Shares

In accordance with Part VI of the Companies Act 1985 (as amended) (the 'Act'),
we write to inform you that Prudential plc and certain of its subsidiary
companies have a notifiable interest in the issued share capital of your company
as detailed in the attached schedule.

For the purposes of S210 of the Act, the address for those companies identified
in the attached schedule is Laurence Pountney Hill London EC4R OHH.

Tom Dowler
For and behalf of Prudential Plc



                                  Notifiables
                                Position Report


Sedol : 0487948

Client Fund Reporting Group: PPMI

23 May 2002

Kenmare Resources
Ord Euro 0.06


Shares in Issue      Registered Holder          Current Holding       Holding %
261,595,123          CLYDESDALE BK NOMS LTD HGG 25,000,000               9.54
                     PRUCLT HSBC GLS NOM (UK)   1,600,000                0.61
                     PPL AC
261,595,123                                     26,600,000              10.15




This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.


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