Result of EGM

RESULT OF KENMARE RESOURCES PLC EGM

23rd November, 2007

Kenmare Resources plc ("Kenmare" or "the Company") advises that the
resolution proposed for consideration at the Extraordinary General
Meeting of Warrantholders held in Dublin today was approved.

This resolution related to the reduction of subscription price for
warrants exercised after the EGM but before 6.00 p.m on 21 December
2007. The full text of the resolution was set out in the Notice of
Extraordinary General Meeting circulated to Warrantholders on 31st
October, 2007.

The total number of warrants in respect of which votes were received
was 44,614,555 warrants.

Of the warrants voted, 44,554,778 voted in favour of the resolution,
680 voted against the resolution and the vote was directed to be
withheld in respect of 59,097 warrants.

The proceeds from early exercise of the Warrants will be used for
streamlining and enhancing certain elements of the production process
at the Moma mine with a view to more quickly achieving annual
production levels in excess of 800,000 tonnes of ilmenite, as well as
for general corporate purposes.


For reference:

Tony McCluskey
Financial Director
Tel: [phone]
Mob: [phone]

Murray Consultants
Jim Milton
Tel: [phone]
Mob: [phone]

Conduit PR Ltd
Leesa Peters
Tel: [phone]
Mob: [phone]

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