Holding(s) in Company
+------------------------------------------------------------------------------+
|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) |
+----------------------------------------------+-------------------------------+
 |
+----------------------------------------------+-------------------------------+
|1. Identity of the issuer or the underlying | |
|issuer | Kenmare Resources Plc |
|of existing shares to which voting rights are | |
|attached: (ii) | |
+----------------------------------------------+-------------------------------+
|2 Reason for the notification (please tick the appropriate box or boxes): |
+----------------------------------------------------------------------------+-+
|An acquisition or disposal of voting rights |Â |
+----------------------------------------------------------------------------+-+
|An acquisition or disposal of qualifying financial instruments which may | |
|result in the acquisition of shares already issued to which voting rights |Â |
|are attached | |
+----------------------------------------------------------------------------+-+
|An acquisition or disposal of instruments with similar economic effect to |Â |
|qualifying financial instruments | |
+----------------------------------------------------------------------------+-+
|An event changing the breakdown of voting rights |Â |
+-----------------------+----------------------------------------------------+-+
|Other (please specify):|Update to Total Voting Rights triggered this |X|
| |notification. | |
+-----------------------+--------------+-------------------------------------+-+
|3. Full name of person(s) subject to | |
|the | Prudential plc group of companies |
|notification obligation: (iii) | |
+--------------------------------------+---------------------------------------+
|4. Full name of shareholder(s) | See attached schedule |
|Â (if different from 3.):(iv) | |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on| |
|which the threshold is crossed or | 29 January 2010 |
|reached: (v) | |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified: | 01 February 2010 |
+--------------------------------------+---------------------------------------+
|7. Threshold(s) that is/are crossed or| See item 13 |
|reached:(vi, vii) | |
+-----------------------+--------------+-------+-----------------------------+-+
| | | |
+--------------------------------------------------------------------------------------+
|8. Notified details: |
+--------------------------------------------------------------------------------------+
|A: Voting rights attached to shares (viii, ix) |
+------------+-----------------------+-------------------------------------------------+
|Class/type |Situation previous |Resulting situation after the triggering |
|of |to the triggering |transaction |
|shares |transaction | |
| +-----------+-----------+------------+--------------------+---------------+
|if possible |Number |Number |Number |Number of voting |% of voting |
|using |of |of |of shares |rights |rights (x) |
|the ISIN | ares | oting +------------+-----------+--------+------+--------+
|CODE | |Rights |Direct |Direct (xi)|Indirect|Direct|Indirect|
| | | | | |(xii) | | |
+------------+-----------+-----------+------------+-----------+--------+------+--------+
|IE0004879486|165,694,896|165,694,896|165,694,896 |165,694,896| Â |18.28%| Â |
+------------+-----------+-----------+------------+-----------+--------+------+--------+
| Â | Â | Â | Â | Â | Â | Â | Â |
+------------+-----------+-----------+------------+-----------+--------+------+--------+
+--------------------------------------------------------------------------------------+
|B: Qualifying Financial Instruments |
+--------------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+--------------+----------+----------------------+--------------+----------------------+
|Type of |Expiration|Exercise/ |Number of |% of voting |
|financial |date(xiii)|Conversion Period(xiv)|voting |rights |
|instrument | | |rights that | |
| | | |may be | |
| | | |acquired if | |
| | | |the | |
| | | |instrument is | |
| | | |exercised/ | |
| | | |converted. | |
+--------------+----------+----------------------+--------------+----------------------+
| Â | Â | Â | Â | Â |
+--------------+----------+----------------------+--------------+----------------------+
+--------------------------------------------------------------------------------------+
|C: Financial Instruments with similar economic effect to Qualifying Financial |
|Instruments (xv, xvi) |
+--------------------------------------------------------------------------------------+
|Resulting situation after the triggering transaction |
+-------------+--------+----------+-------------+--------------+-----------------------+
|Type of |Exercise|Expiration|Exercise/ |Number of |% of voting rights |
|financial |price |date |Conversion |voting rights |(xix, xx) |
|instrument | |(xvii) |period(xviii)|instrument |Â |
| | | | |refers to | |
| | | | |Â | |
+-------------+--------+----------+-------------+--------------+--------+--------------+
| | | | | |Nominal |Delta |
| Â | Â | Â | Â | Â +--------+--------------+
| | | | | | Â | Â |
+-------------+--------+----------+-------------+--------------+--------+--------------+
+--------------------------------------------------------------------------------------+
|Total (A+B+C) |
+-------------------------------------+------------------------------------------------+
|Number of voting rights |Percentage of voting rights |
+-------------------------------------+------------------------------------------------+
|165,694,896 |18.28% |
+------------+++-------+-++-------+--++---------+++-----------+++------++-----+--------+
||| | || | || ||| ||| || |
+------------------------------------------------------------------------------+
|9. Chain of controlled undertakings through which the voting rights and/or the|
|financial instruments are effectively held, if applicable:(xxi) |
+------------------------------------------------------------------------------+
|Prudential plc (parent Company) |
|M&G Group Limited (wholly owned subsidiary of Prudential plc) |
|M&G Limited (wholly owned subsidiary of M&G Group Limited) |
|M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) |
|M&G Securities Limited (wholly owned subsidiary of M&G Limited) |
| Â |
+------------------------------------------------------------------------------+
+------------------------------------------------------------------------------+
|Proxy Voting: |
+-----------------------------------------------+------------------------------+
|10. Name of the proxy holder: | N/A |
+-----------------------------------------------+------------------------------+
|11. Number of voting rights proxy holder will | |
|cease | N/A |
|to hold: | |
+-----------------------------------------------+------------------------------+
|12. Date on which proxy holder will cease to | |
|hold | N/A |
|voting rights: | |
+-----------------------------------------------+------------------------------+
+-----------------------------+------------------------------------------------+
| |M&G Securities Limited (wholly owned subsidiary |
|13. Additional information: |of M&G Limited) has moved below a 16% notifiable|
| |interest triggering this notification. |
+-----------------------------+------------------------------------------------+
|14. Contact name: |Dipesh Varsani / Mark Thomas |
| |M&G Investment Management Limited |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|020 7548 3261 / 020 7548 3266 |
+-----------------------------+-----------------+------------------------------+
| |
Notifiable Position Report for Kenmare Resources Ord Eur0.06
as at the 29 January 2010
Percentage holdings are calculated using an issued share capital of 906,097,146
ORD EUR0.06 shares
+--------------------+-------------------+-----------+-----+-------------------+
|Â |Registered Holder |Holding |% |Â |
+--------------------+-------------------+-----------+-----+-------------------+
|Prudential plc |Â |165,694,896|18.28|Total Notifiable |
| | | | |Interest |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |PRUCLT HSBC GIS |22,984,626 |Â |Â |
| |NOM(UK) PPL AC | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |NORTRUST NOMS LTD |26,802,353 |Â |Â |
| |A/C MEJ01 | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |HSBC SEOUL GL |12,851 |Â |Â |
| |BASICS MOTHER FD | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |NORTRUST NOMINEE |115,895,066|Â |Â |
| |LTD A/C MKK01 | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|M&G Group Limited |Â |165,694,896|18.28|Â |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |PRUCLT HSBC GIS |22,984,626 |Â |Â |
| |NOM(UK) PPL AC | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |NORTRUST NOMS LTD |26,802,353 |Â |Â |
| |A/C MEJ01 | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |HSBC SEOUL GL |12,851 |Â |Â |
| |BASICS MOTHER FD | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |NORTRUST NOMINEE |115,895,066|Â |Â |
| |LTD A/C MKK01 | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|M&G Investment |Â |165,694,896|18.28|Â |
|Management Limited | | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |PRUCLT HSBC GIS |22,984,626 |Â |Â |
| |NOM(UK) PPL AC | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |NORTRUST NOMS LTD |26,802,353 |Â |Â |
| |A/C MEJ01 | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |HSBC SEOUL GL |12,851 |Â |Â |
| |BASICS MOTHER FD | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |NORTRUST NOMINEE |115,895,066|Â |Â |
| |LTD A/C MKK01 | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|M&G Limited |Â |165,694,896|18.28|Â |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |PRUCLT HSBC GIS |22,984,626 |Â |Â |
| |NOM(UK) PPL AC | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |NORTRUST NOMS LTD |26,802,353 |Â |Â |
| |A/C MEJ01 | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |HSBC SEOUL GL |12,851 |Â |Â |
| |BASICS MOTHER FD | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |NORTRUST NOMINEE |115,895,066|Â |Â |
| |LTD A/C MKK01 | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|M&G Securities |Â |142,697,419|15.74|Â |
|Limited | | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |NORTRUST NOMS LTD |26,802,353 |Â |Â |
| |A/C MEJ01 | | | |
+--------------------+-------------------+-----------+-----+-------------------+
|Â |NORTRUST NOMINEE |115,895,066|Â |Â |
| |LTD A/C MKK01 | | | |
+--------------------+-------------------+-----------+-----+-------------------+
END OF REPORT
[HUG#1379623]