Holding(s) in Company

The Company Secretary
Kenmare Resources PLC
Chatham House
Chatham Street
Dublin 2
Republic of Ireland

24 February 2006

Dear Sir / Madam

RE: Declaration of Interest in Shares

In accordance with Part IV of the Companies Act 1985 (as amended), we
write to inform you that Artemis lnvestment Management Limited, and
certain of its subsidiary companies, have a notifiable interest of
32,040,000 shares, representing 4.79% of the issued share capital of
your company.

Full details of the interest and the beneficial holders are detailed
below.

Yours faithfully,

Karen Paine
Artemis lnvestment Management Ltd

Beneficial Owner - Artemis UK Smaller Companies
Number of Shares Held - 32,040,000
% lnterest - 4.79




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