Rutile Sales Contract Signed

Kenmare Resources PLC
14 April 2003



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

                      Kenmare Signs Rutile Sales Contract



Kenmare Resources plc, a natural resources exploration and mining group,
announces that it has signed a multi-year off-take contract for the sale of a
substantial portion of rutile from its Moma Titanium Minerals Project in
Mozambique. The specific terms of this contract are confidential.

Rutile is a high quality titanium dioxide mineral used in the pigment, titanium
metal and welding rod industries. Kenmare has now secured contracts for all of
the zircon and a substantial portion of the ilmenite and rutile to be produced
at Moma. First production from the Moma Titanium Minerals Project is expected in
2005.

Michael Carvill, Managing Director of Kenmare, said:

'We are very pleased to be able to announce this contract and look forward to a
long term business relationship with our customer.'





For more information :

Kenmare Resources plc

Michael Carvill, Managing Director

Tel: + 353 1 671 0411

Mob: + 353 87 674 0110

Binns & Co PR Ltd

Paul McManus

Tel: + 44 20 7786 9600

Mob: + 44 7980 541 893

Judith Parry

Tel: + 44 113 242 1171

Murray Consultants

Tom Byrne

Tel: + 353 1 498 0339

www.kenmareresources.com



14th April 2003






                      This information is provided by RNS
            The company news service from the London Stock Exchange