Holding(s) in Company

Kenmare Resources PLC
12 August 2002


Kenmare Resources Plc


12 August 2002


Re: Holding in Company


A Letter from Gartmore Investment Management Plc dated 08 August 2002 to Kenmare
Resources Plc, received by Kenmare Resources Plc on the 12 August 2002.


We, Gartmore Investment Limited (GIL), Gartmore and Fund Managers Limited (GFM)
write to advise you pursuant to Section 67 of the Irish Companies Act 1990, that
we have decreased our  interest in your company:


1. This notification relates to the ordinary share capital of Kenmare
Resources Plc.


2. The identities of the beneficial holders of these shares and the number
of shares held by each holder, so far as is known at the date of this
notification, are shown on the attached schedule.

3. The percentages quoted on the attached schedule are based on your issued
share capital of 262,209,123 shares, as advised to us by Exshare.

Alan Buddles
Head of Restrictions and Disclosures Unit
Gartmore Investment Management Plc


Current Holdings by Fund


Security: Kenmare Resources Plc Ord EURO 06(UKEX)


Number of    Issued Share  % of Issue Registered   Fund        Beneficial Owner      Fund
Shares Held  Capital       Capital    Owner                                          Managing Co.
                                                                                     
5,673,102                  2.16%      Citibank     56690       Gartmore Fund         Gartmore Fund
                                      London                   Managers Ltd A/C      Managers Limited
                                                               Gartmore UK & Irish
                                                               Smaller Companies
                                                               Fund

7,150,000                  2.73%      BNY Nominees 56550       Gartmore Irish Growth Gartmore
                                      Ltd A/C                  Fund Plc              Investment
                                      367306                                         Limited

5,661,798                  2.16%      BNY GIL CIT  56640       Gartmore Gowth        Gartmore
                                      A/C Noms Ltd             Opportunities Plc     Investment
                                      NWSC                                           Limited

2,365,898                  0.90%      Bank of New  GAGIG       Gartmore Absolute     Gartmore
                                      York                     Growth and Income     Investment
                                      Nominees                 Trust Plc (Growth)    Limited
                                      Limited

20,850,798   262,209,123   7.95%


This announcement has been issued through the Companies Announcement Service of
                           the Irish Stock Exchange.


                      This information is provided by RNS
            The company news service from the London Stock Exchange