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                          |   X    |
+---------------------------------------------------------------------+--------+
|An acquisition or disposal of qualifying financial instruments which |        |
|may result in the acquisition of shares already issued to which      |        |
|voting rights are attached                                           |        |
+---------------------------------------------------------------------+--------+
|An acquisition or disposal of instruments with similar economic      |        |
|effect to qualifying financial instruments                           |        |
+---------------------------------------------------------------------+--------+
|An event changing the breakdown of voting rights                     |        |
+-----------------------+---------------------------------------------+--------+
|Other (please specify):|                                             |        |
+-----------------------+--------------+------------------------------+--------+
|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         |
| (if different from 3.):(iv)          |                                       |
+--------------------------------------+---------------------------------------+
|5. Date of the transaction and date on|                                       |
|which the threshold is crossed or     |           24 November 2010            |
|reached:(v)                           |                                       |
+--------------------------------------+---------------------------------------+
|6. Date on which issuer notified:     |           25 November 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|456,983,593|456,983,593|457,483,593 |457,483,593|   0    |19.03%|   0%   |
+------------+-----------+-----------+------------+-----------+--------+------+--------+
|            |           |           |            |           |        |      |        |
+------------+-----------+-----------+------------+-----------+--------+------+--------+

+--------------------------------------------------------------------------------------+
|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.    |                      |
+--------------+----------+----------------------+--------------+----------------------+
|              |          |                      |              |                      |
+--------------+----------+----------------------+--------------+----------------------+

+--------------------------------------------------------------------------------------+
|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    |                       |
|             |        |          |             |refers to     |                       |
|             |        |          |             |              |                       |
+-------------+--------+----------+-------------+--------------+--------+--------------+
|             |        |          |             |              |Nominal |Delta         |
|             |        |          |             |              +--------+--------------+
|             |        |          |             |              |        |              |
+-------------+--------+----------+-------------+--------------+--------+--------------+

+--------------------------------------------------------------------------------------+
|Total (A+B+C)                                                                         |
+-------------------------------------+------------------------------------------------+
|Number of voting rights              |Percentage of voting rights                     |
+-------------------------------------+------------------------------------------------+
|457,483,593                          |19.03%                                          |
+------------+++-------+-++-------+--++---------+++-----------+++------++-----+--------+


+------------------------------------------------------------------------------+
|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)               |
|                                                                              |
+------------------------------------------------------------------------------+

+------------------------------------------------------------------------------+
|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:                                 |                              |
+-----------------------------------------------+------------------------------+

+-----------------------------+------------------------------------------------+
|                             |                                                |
|13. Additional information:  |M&G Investment Management Limited (wholly owned |
|                             |subsidiary of M&G Limited) has moved above a    |
|                             |19% notifiable interest triggering this         |
|                             |notification.                                   |
|                             |                                                |
+-----------------------------+------------------------------------------------+
|14. Contact name:            |Ryan Dowling/ Mark Thomas                       |
|                             |M&G Investment Management Limited               |
+-----------------------------+------------------------------------------------+
|15. Contact telephone number:|020 7548 3261 / 020 7548 3266                   |
+-----------------------------+-----------------+------------------------------+




            Notifiable Position Report for Kenmare Resources

                           as at the 24 November 2010



Percentage holdings are calculated using 2,403,635,545Total Voting Rights



+--------------+-------------+-----------+-------------+---------+-------------+
|              |Registered   |Holding    |Voting Rights|% Voting |             |
|              |Holder       |           |             |Rights   |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|Prudential plc|             |           |457,483,593  |19.03    |Total        |
|              |             |           |             |         |Notifiable   |
|              |             |           |             |         |Interest     |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |HSBC SEOUL GL|21,290     |21,290       |         |             |
|              |BASICS MOTHER|           |             |         |             |
|              |FD           |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST     |533,821    |533,821      |         |             |
|              |NOMINEE LTD  |           |             |         |             |
|              |A/C MHF01    |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST     |324,384,749|324,384,749  |         |             |
|              |NOMINEE LTD  |           |             |         |             |
|              |A/C MKK01    |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST NOMS|71,084,505 |71,084,505   |         |             |
|              |LTD A/C MEJ01|           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |PRUCLT HSBC  |61,459,228 |61,459,228   |         |             |
|              |GIS NOM(UK)  |           |             |         |             |
|              |PPL AC       |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|M&G Group     |             |           |457,483,593  |19.03    |             |
|Limited       |             |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |HSBC SEOUL GL|21,290     |21,290       |         |             |
|              |BASICS MOTHER|           |             |         |             |
|              |FD           |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST     |533,821    |533,821      |         |             |
|              |NOMINEE LTD  |           |             |         |             |
|              |A/C MHF01    |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST     |324,384,749|324,384,749  |         |             |
|              |NOMINEE LTD  |           |             |         |             |
|              |A/C MKK01    |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST NOMS|71,084,505 |71,084,505   |         |             |
|              |LTD A/C MEJ01|           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |PRUCLT HSBC  |61,459,228 |61,459,228   |         |             |
|              |GIS NOM(UK)  |           |             |         |             |
|              |PPL AC       |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|M&G Investment|             |           |456,949,772  |19.01    |             |
|Management    |             |           |             |         |             |
|Limited       |             |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |HSBC SEOUL GL|21,290     |21,290       |         |             |
|              |BASICS MOTHER|           |             |         |             |
|              |FD           |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST     |324,384,749|324,384,749  |         |             |
|              |NOMINEE LTD  |           |             |         |             |
|              |A/C MKK01    |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST NOMS|71,084,505 |71,084,505   |         |             |
|              |LTD A/C MEJ01|           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |PRUCLT HSBC  |61,459,228 |61,459,228   |         |             |
|              |GIS NOM(UK)  |           |             |         |             |
|              |PPL AC       |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|M&G Limited   |             |           |457,483,593  |19.03    |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |HSBC SEOUL GL|21,290     |21,290       |         |             |
|              |BASICS MOTHER|           |             |         |             |
|              |FD           |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST     |533,821    |533,821      |         |             |
|              |NOMINEE LTD  |           |             |         |             |
|              |A/C MHF01    |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST     |324,384,749|324,384,749  |         |             |
|              |NOMINEE LTD  |           |             |         |             |
|              |A/C MKK01    |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST NOMS|71,084,505 |71,084,505   |         |             |
|              |LTD A/C MEJ01|           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |PRUCLT HSBC  |61,459,228 |61,459,228   |         |             |
|              |GIS NOM(UK)  |           |             |         |             |
|              |PPL AC       |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|M&G Securities|             |           |396,003,075  |16.47    |             |
|Limited       |             |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST     |533,821    |533,821      |         |             |
|              |NOMINEE LTD  |           |             |         |             |
|              |A/C MHF01    |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST     |324,384,749|324,384,749  |         |             |
|              |NOMINEE LTD  |           |             |         |             |
|              |A/C MKK01    |           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+
|              |NORTRUST NOMS|71,084,505 |71,084,505   |         |             |
|              |LTD A/C MEJ01|           |             |         |             |
+--------------+-------------+-----------+-------------+---------+-------------+

END OF REPORT






[HUG#1466165]








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Source: Kenmare Resources via Thomson Reuters ONE