Kenmare to Issue Full Appeal of Libel Verdict

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


18 November 2010

                 Kenmare to Issue Full Appeal of Libel Verdict

Kenmare Resources will immediately and vigorously appeal the High Court jury
verdict delivered yesterday in a defamation case taken by a former company
director. The full appeal to the Supreme Court will be made with a view to
setting aside both the verdict and the amount, with the intention of securing a
retrial.

The amount of €10 million which was awarded is over five times greater than the
previous record amount granted in an Irish defamation case.  This previous award
is currently under appeal as being grossly excessive.

The court has granted a stay on the award subject to the payment of €500,000
until the hearing of the Supreme Court appeal. Kenmare's legal team strongly
advise that the award will be set aside on appeal.

ENDS

Murray Consultants
Joe Heron
Tel: [phone]
Mob: + 353 87 690 9735

Conduit PR Ltd
Charlie Geller/Paul Youens
Tel: [phone]
Mob: [phone]



[HUG#1463630]








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