Re: Holding in Company

Kenmare Resources PLC
17 December 2004



Kenmare Resources plc



17 December 2004



A letter from Artemis Investment Management Limited dated 06 December 2004 to
Kenmare Resources plc, received by Kenmare Resources plc on the 16th December
2004.



Re: Declaration of interest in Shares



In accordance with Part IV of the Companies Act 1985 (as amended), we write to
inform you that, Artemis Investment Management Limited and certain of its
subsidiary companies have a notifiable interest in 41,000,000 shares or 6.35% in
the issued share capital of your company.  Full details of the interest and the
beneficial holders are detailed below.



After the implementation of new procedures, it has come to light that this
declaration may not have been made at the time of purchase.  If you are already
aware of this then please regard this as for information only.





James Howard

For Artemis Investment Management Limited




Beneficial Owner                    Number of shares held               % Interest
Artemis UK Smaller Companies Fund   41,000,000                          6.35
TOTAL                               41,000,000                          6.35







This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange










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