Interim Management Statement

Kenmare Resources plc ("Kenmare" or "the Company")

14th October, 2008

                    Interim Management Statement


The Company has been progressing  the production ramp-up of its  Moma
Titanium Minerals  Mine in  Mozambique.   In September,  dredging  of
in-situ ore increased by 32% from August and by 7% from the  previous
best month of June. 50,000 tonnes of Heavy Mineral Concentrate  (HMC)
was produced  by the  Wet Concentrator  Plant in  September, up  from
33,500 tonnes in August and a previous best month of 43,500 in June.

Ilmenite  production  in   September  was  31,000   tonnes  and   was
constrained by HMC availability.  This is equivalent to our  previous
best month, June.  However, June's production of ilmenite included  a
greater use of HMC stockpile.

September's production of HMC and ilmenite was affected by a fault in
the country's electricity transmission system at the end of the month
which cost  the project  62 hours  of production.   The equipment  in
question, a static  variable controller, has  now been repaired.  One
ilmenite shipment  of  11,000 tonnes  was  made in  September  and  a
further shipment of 10,000 tonnes took place in early October.

The Company raised US$30  million of new equity  in a placing on  the
29th of August 2008. The proceeds will be used to continue ramping up
production at Moma, for pursuing the feasibility study of a  capacity
expansion and for general corporate purposes.


For more information:

Kenmare Resources plc
Michael Carvill, Managing Director
Mob: + 353 87 674 0110

Murray Consultants
Jim Milton
Tel: [phone]
Mob: + 353 86 255 8400

Conduit PR Ltd
Jane Stacey/Leesa Peters
Tel: [phone]
Mob: [phone]

                      www.kenmareresources.com

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