Holding(s) in Company

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| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                   |
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|                                     |                             |
|-------------------------------------+-----------------------------|
| 1. Identity of the issuer or the    |                             |
| underlying issuer                   |                             |
| of existing shares to which voting  |    Kenmare Resources Plc    |
| rights are                          |                             |
| attached: ii                        |                             |
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| 2 Reason for the notification (please tick the appropriate box or |
| boxes):                                                           |
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| An acquisition or disposal of voting rights        |              |
|----------------------------------------------------+--------------|
| 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     | Confirmation of Current        |      X       |
| specify):         | Position                       |              |
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|                           |                                       |
|                           |        M&G Investment Funds 1         |
|                           | M&G Investments Funds 1 is an Open    |
|                           | Ended Investment Company (OEIC) and   |
|                           | is not a Prudential group company and |
|                           | must be separately disclosed.         |
|                           | This OEIC Fund is managed by M&G      |
|                           | Investment Management Limited (a      |
|                           | wholly owned subsidiary of Prudential |
|                           | plc) and will have been previously    |
| 3. Full name of person(s) | attributed to Prudential plc solely   |
| subject to the            | on the basis that M&G Investment      |
| notification obligation:  | Management Ltd has direct fund        |
| iii                       | management control over the shares    |
|                           | identified in this notification.      |
|                           | Therefore the 3.05% holding being     |
|                           | disclosed in this notification is     |
|                           | encompassed in the 18.86% already     |
|                           | disclosed under The Prudential plc    |
|                           | group of companies on 25/08/2009 and  |
|                           | is NOT in addition to it.             |
|                           |                                       |
|                           | Calculations based on a Total Voting  |
|                           |     Rights figure of 878,939,536.     |
|---------------------------+---------------------------------------|
| 4. Full name of           |                                       |
| shareholder(s)            |    Nortrust Nominee Ltd A/C MEJ01     |
|  (if different from       |                                       |
| 3.):iv                    |                                       |
|---------------------------+---------------------------------------|
| 5. Date of the            |                                       |
| transaction and date on   |                                       |
| which the threshold is    |                                       |
| crossed or                |                                       |
| reached: v                |                                       |
|---------------------------+---------------------------------------|
| 6. Date on which issuer   |           12 November 2009            |
| notified:                 |                                       |
|---------------------------+---------------------------------------|
| 7. Threshold(s) that      |                                       |
| is/are crossed or         |                  3%                   |
| reached: vi, vii          |                                       |
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+--------------------------------------------------------------------------------------------------------+
|8. Notified details:                                                                                    |
|--------------------------------------------------------------------------------------------------------|
|A: Voting rights attached to shares viii, ix                                                            |
|--------------------------------------------------------------------------------------------------------|
|Class/type of    |Situation previous            |Resulting situation after the triggering transaction   |
|shares           |to the triggering             |                                                       |
|if possible using|transaction                   |                                                       |
|the ISIN CODE    |------------------------------+-------------------------------------------------------|
|                 |Number           |Number      |Number    |Number of voting      |% of  voting rights x|
|                 |of               |of          |of shares |rights                |                     |
|                 |Shares           |Voting      |----------+----------------------+---------------------|
|                 |                 |Rights      |Direct    |Direct xi   |Indirect |Direct    |Indirect  |
|                 |                 |            |          |            |xii      |          |          |
|-----------------+-----------------+------------+----------+------------+---------+----------+----------|
|  IE0004879486   |   26,802,353    | 26,802,353 |26,802,353| 26,802,353 |         |  3.05%   |          |
|-----------------+-----------------+------------+----------+------------+---------+----------+----------|
|                 |                 |            |          |            |         |          |          |
|--------------------------------------------------------------------------------------------------------|
|                                                                                                        |
|--------------------------------------------------------------------------------------------------------|
|B: Qualifying Financial Instruments                                                                     |
|--------------------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                                    |
|--------------------------------------------------------------------------------------------------------|
|Type of financial         |Expiration    |Exercise/               |Number of voting      |% of voting   |
|instrument                |date xiii     |Conversion Period xiv   |rights that may be    |rights        |
|                          |              |                        |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 financial |Exercise price  |Expiration|Exercise/   |Number of voting rights  |% of voting rights|
|instrument        |                |date xvii |Conversion  |instrument refers to     |xix, xx           |
|                  |                |          |period xviii|                         |                  |
|------------------+----------------+----------+------------+-------------------------+------------------|
|                  |                |          |            |                         |Nominal   |Delta  |
|                  |                |          |            |                         |----------+-------|
|                  |                |          |            |                         |          |       |
|--------------------------------------------------------------------------------------------------------|
|                                                                                                        |
|--------------------------------------------------------------------------------------------------------|
|Total (A+B+C)                                                                                           |
|--------------------------------------------------------------------------------------------------------|
|Number of voting rights                               |Percentage of voting rights                      |
|------------------------------------------------------+-------------------------------------------------|
|26,802,353                                            |3.05%                                            |
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| 9. Chain of controlled undertakings through which the voting      |
| rights and/or the                                                 |
| financial instruments are effectively held, if applicable: xxi    |
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|                                                                   |
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|                                                                   |
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| Proxy Voting:                                                     |
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| 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:                                     |              |
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|                                                                   |
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| 13. Additional information:      |                                |
|----------------------------------+--------------------------------|
|                                  | Dipesh Varsani / Mark Thomas   |
| 14. Contact name:                | M&G Investment Management      |
|                                  | Limited                        |
|----------------------------------+--------------------------------|
| 15. Contact telephone number:    | 020 7548 3261 / 020 7548 3266  |
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