Notification of Holding in Company

From:

M&G Investments
Management Limited
Laurence Pountney Hill
London
EC4R 0HH


To:

The Company Secretary
Kenmare Resources plc
Chatham House
Chatham Street
Dublin 2
Ireland.

14 November 2006


Companies Act 1985 (as amended):
Disclosure of Interests in Shares

In accordance with Part VI of the Companies Act 1985 (as amended)
(the 'Act'), we write to inform you that the company identified
herein has a notifiable interest in the issued share capital of your
company as detailed below.

Class of Share: ORD EUR 0.06

Nortrust Nominee Ltd A/C MKKO1               78,474,338

M&G Investment Funds (3)                              78,474,338

This represents 11.45% of the 685,051,130 shares in issue.

In addition to this holding M&G Investment Funds(3) also holds:
Kenmare Resources WTS 23/07/09 - 9,930,814
Which represents 12.60% of the 78,812,518 warrants in issue

For the purposes of S210 of the Act, the address for those companies
identified in the attached schedule is Laurence Pountney Hill London
EC4R OHH.

Yours faithfully,


Dipesh Varsani
For and on behalf of M&G Investments Funds (3)

Direct Line: 020 7548 3261
Direct Fax:  [phone]


From:

M&G Investments
Management Limited
Laurence Pountney Hill
London
EC4R 0HH

To:

The Company Secretary
Kenmare Resources plc
Chatham House
Chatham Street
Dublin 2
Ireland.

14 November 2006


Companies Act 1985 (as amended):
Disclosure of Interests in Shares

In accordance with Part VI of the Companies Act 1985 (as amended)
(the 'Act'), we write to inform you that the company identified
herein has a notifiable interest in the issued share capital of your
company as detailed below.

Class of Share: ORD EUR 0.06

Nortrust Nominee Ltd A/C MEJO1                  22,287,816

M&G Investment Funds (1)                              22,287,816

This represents 3.25% of the 685,051,130 shares in issue.

For the purposes of S210 of the Act, the address for those companies
identified in the attached schedule is Laurence Pountney Hill London
EC4R OHH.

Yours faithfully,


Dipesh Varsani
For and on behalf of M&G Investments Funds (1)

Direct Line: 020 7548 3261
Direct Fax:  [phone]

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