Re: Holding in Company

+--------------------------------------------------+
|                                                  |
| TR-1: Notifications of Major Interests in Shares |
|                                                  |
+--------------------------------------------------+




+-------------------------------------------------------------------+
|                                          |                        |
| 1. Identity of the issuer or the         |                        |
| underlying issuer of existing shares to  | Kenmare Resources Plc  |
| which voting rights are attached:        |                        |
|-------------------------------------------------------------------|
|                                                                   |
| 2. Reason for notification (yes/no)                               |
|-------------------------------------------------------------------|
|                                                      | Yes        |
| An acquisition or disposal of voting rights          |            |
|------------------------------------------------------+------------|
|                                                      |            |
| An acquisition or disposal of financial instruments  |            |
| which may result in the acquisition of shares        |            |
| already issued to which voting rights are attached   |            |
|------------------------------------------------------+------------|
|                                                      |            |
| An event changing the breakdown of voting rights     |            |
|------------------------------------------------------+------------|
|                                                      |            |
| Other (please specify):______________                |            |
|-------------------------------------------------------------------|
|                                 | Artemis Investment Management   |
| 3. Full name of person(s)       | Limited                         |
| subject to notification         |                                 |
| obligation:                     |                                 |
|---------------------------------+---------------------------------|
|                                 | Artemis UK Smaller Companies    |
| 4. Full name of shareholder(s)  | BAE Systems 2000 Pension Plan   |
| (if different from 3):          | Trustees Limited                |
|                                 | BAE Systems Pension Funds CIF   |
|                                 | Trustees Limited                |
|---------------------------------+---------------------------------|
|                                 | 07 May 2009                     |
| 5. Date of transaction (and     |                                 |
| date on which the threshold is  |                                 |
| crossed or reached if           |                                 |
| different):                     |                                 |
|---------------------------------+---------------------------------|
|                                 | 09 June 2009 (previously        |
| 6. Date on which issuer         | advised on 08 May 2009 using    |
| notified:                       | incorrect SII figure)           |
|---------------------------------+---------------------------------|
|                                 |                                 |
| 7. Threshold(s) that is/are     | 5%                              |
| crossed or reached:             |                                 |
|---------------------------------+---------------------------------|
| 8. Notified details:            |                                 |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------------------------------------+
|A: Voting rights attached to shares                                                              |
|                                                                                                 |
|-------------------------------------------------------------------------------------------------|
|Class/type of|Situation previous to the     |Resulting situation after the triggering transaction|
|shares       |triggering transaction        |                                                    |
|If possible  |------------------------------+----------------------------------------------------|
|use ISIN code|Number of   |Number of voting |Number of  |Number of voting rights |Percentage of  |
|             |shares      |rights           |shares     |                        |voting rights  |
|             |            |                 |           |------------------------+---------------|
|             |            |                 |           |             |          |      |        |
|             |            |                 |           |Direct       |Indirect  |Direct|Indirect|
|-------------+------------+-----------------+-----------+-------------+----------+------+--------|
|             |            |                 |           |             |          |      |        |
|             |            |                 |           |             |          |      |        |
|IE0004879486 |40,658,542  |40,658,542       |38,744,542 |38,744,542   |          |4.70% |        |
|             |            |                 |           |             |          |      |        |
+-------------------------------------------------------------------------------------------------+



+---------------------------------------------------------------------------+
|B: Financial Instruments                                                   |
|                                                                           |
|---------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                       |
|                                                                           |
|---------------------------------------------------------------------------|
|Type of   |Expiration|Exercise/  |No. of voting rights that may |Percentage|
|financial |date      |conversion |be acquired (if the instrument|of voting |
|instrument|          |period/date|exercised/converted)          |rights    |
|----------+----------+-----------+------------------------------+----------|
|          |          |           |                              |          |
|       N/A|   N/A    |    N/A    |             N/A              |   N/A    |
|          |          |           |                              |          |
+---------------------------------------------------------------------------+




+-------------------------------------------------------+
| Total (A+B)                                           |
|                                                       |
|-------------------------------------------------------|
| Number of voting rights | Percentage of voting rights |
|-------------------------+-----------------------------|
|                         |                             |
| 38,744,542              | 4.70%                       |
|                         |                             |
+-------------------------------------------------------+




+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting      |
| rights and /or the financial instruments are effectively held, if |
| applicable:                                                       |
|-------------------------------------------------------------------|
|                                                                   |
|                                                                   |
+-------------------------------------------------------------------+



+-------------------------------------------------------------------+
| Proxy Voting:                                                     |
|                                                                   |
|-------------------------------------------------------------------|
| 10. Name of proxy holder:                                   | N/A |
|                                                             |     |
|-------------------------------------------------------------+-----|
| 11. Number of voting rights proxy holder will cease to      | N/A |
| hold:                                                       |     |
|                                                             |     |
|-------------------------------------------------------------+-----|
| 12. Date on which proxy holder will cease to hold voting    | N/A |
| rights:                                                     |     |
|                                                             |     |
+-------------------------------------------------------------------+



+---------------------------------------------+
| 13. Additional information: | N/A           |
|                             |               |
|-----------------------------+---------------|
| 14 Contact name:            | Karen Paine   |
|                             |               |
|-----------------------------+---------------|
| 15. Contact telephone name: | 0131 718 0414 |
|                             |               |
+---------------------------------------------+

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