Kenmare Resources plc : Directors Appointment

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

KenmareDirectors Appointment
          (LSE/ISE: KMR)

12 March 2013

Mr. Justin Loasby, Chairman of Kenmare Resources plc, is pleased to announce that Mr. Steven McTiernan and Mr. Gabriel Smith have agreed to join the Board of Kenmare as Non-Executive Directors, with immediate effect. Shareholders will be asked to elect them as Non-Executive Directors at the AGM on May 29, 2013.  

Mr. McTiernan, a British national, has over forty years of diverse natural resources industry and banking experience with Amoco, BP, and Mesa Petroleum, and with Chase Manhattan Bank, CIBC and NatWest Markets. While at Chase, he structured a broad range of corporate and project financings and managed a number of ground-breaking acquisition and divestiture advisory transactions. He has been a Non-Executive Independent Director at First Quantum Minerals Ltd. since August 14, 2010, and an Independent Director at Songa Offshore SE since January 10, 2013. Mr. McTiernan served as a Non-Executive Director at Tullow Oil plc from 2002 until December 31, 2012 and as its Senior Independent Director from January 1, 2008 to December 31, 2012. Mr. McTiernan received an MA in Natural Sciences from the University of Cambridge, and is also currently principal of Sandown Energy Consultants Limited.

Mr. Gabriel Smith, a Norwegian national, is an independent consultant and private investor. He sits on several boards representing companies in different industries.  Mr. Smith began his career as a loan officer at Citibank London. He was Managing Director of Ingenior Christen Smith AS, a technical trading company. He then joined Tinfos, a Norwegian silicomanganese, pig iron and titanium dioxide producer as Chief Executive Officer from 1990 to 2007. From 2003 to 2006 he held the position of Chairman of Pan Fish ASA, and from 2007 to 2009 he held the position as Chairman of Lighthouse Caledonia, a public seafood company.  Mr. Smith received his undergraduate degree in Economics from Darmouth College and has an MBA from Amos Tuck School in the US.

Justin Loasby, Chairman, said that he welcomed both members to the Kenmare Board and was looking forward to working with them. "I am delighted that both Steven McTiernan and Gabriel Smith have agreed to join the Board of Kenmare.  They bring to the Board a wealth of experience which will add greatly to the Board's collective knowledge."

For more information:
Kenmare Resources plc.
Michael Carvill, Managing Director    
Tel: [phone]
Mob: + 353 87 674 0110

Tony McCluskey, Financial Director
Tel: [phone]
Mob: [phone]
   
Virginia Skroski, Investor Relations Manager
Tel: [phone]  
Mob: + 353 87 739 1103

Murray Consultants    
Joe Heron    
Tel: [phone]    
Mob: [phone]    

Tavistock Communications
Jos Simson/Mike Bartlett
Tel: [phone]  
Mob: [phone]

www.kenmareresources.com

---

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Kenmare Resources via Thomson Reuters ONE

HUG#1684599