Holding in Company

Kenmare Resources PLC
07 March 2006







M&G Investment

Management Limited

Laurence Pountney Hill

London

EC4R 0HH





The Company Secretary
                                          Telephone:

Kenmare Resources plc
                                           020 7626 4588

Chatham House

Chatham Street
                                                   www.mandg.co.uk

Dublin 2

Ireland



Fax [phone]
                                                3 March 2006



A letter from M & G Investment Management Limited dated 03rd March 2006, to
Kenmare Resources Plc, received by the Irish Stock Exchange on the 6 March 2006



Companies Act 1985 (as amended):

Disclosure of Interest in Shares



In accordance with Part VI of the Companies Act 1985 (as amended) (the 'Act'),
we write to inform you that Prudential plc and certain of its subsidiary
companies have a notifiable interest in the issued share capital of your company
as detailed in the attached schedule.



In addition to this holding we also have the following holdings in the form of
warrants:



Kenmare Resources WTS 23/07/09 - 12,038,655



Which represent 15.25% of the 78,923,780 shares in issue.



For the purpose of S210 of the Act, the address for those companies identified
in the attached schedule is Laurence Pountney Hill London EC4R 0HH.





Yours faithfully





Lara Shitta-Bey



For and on behalf of Prudential plc



Direct Line: 020 7548 2293

Direct Fax:  [phone]


          Notifiable Position Report for Kenmare Resources Ord Eur0.06

                              as at 02 March 2006



Percentage holdings are calculated using an issued share capital of 669,018,831
ORD EUR0.06 shares


                        Registered Holder                    Holding          %
Prudential plc                                               100,684,629      15.04      Total Notifiable
                                                                                         Interest
                        NORTRUST NOMINEE LTD A/C MKK01       64,691,269
                        NORTRUST NOMS LTD A/C MEB01          17,783,069
                        NORTRUST NOMS LTD A/C MEJ01          13,287,816
                        PRUCLT HSBC GIS NOM(UK) PPL AC       4,922,475
M&G Group Limited                                            100,684,629      15.04
                        NORTRUST NOMINEE LTD A/C MKK01       64,691,269
                        NORTRUST NOMS LTD A/C MEB01          17,783,069
                        NORTRUST NOMS LTD A/C MEJ01          13,287,816
                        PRUCLT HSBC GIS NOM(UK) PPL AC       4,922,475
M&G Investment                                               100,684,629      15.04
Management Limited
                        NORTRUST NOMINEE LTD A/C MKK01       64,691,269
                        NORTRUST NOMS LTD A/C MEB01          17,783,069
                        NORTRUST NOMS LTD A/C MEJ01          13,287,816
                        PRUCLT HSBC GIS NOM(UK) PPL AC       4,922,475
M&G Limited                                                  100,684,629      15.04
                        NORTRUST NOMINEE LTD A/C MKK01       64,691,269
                        NORTRUST NOMS LTD A/C MEB01          17,783,069
                        NORTRUST NOMS LTD A/C MEJ01          13,287,816
                        PRUCLT HSBC GIS NOM(UK) PPL AC       4,922,475
M&G Securities Limited                                       95,762,154       14.31
                        NORTRUST NOMINEE LTD A/C MKK01       64,691,269
                        NORTRUST NOMS LTD A/C MEB01          17,783,069
                        NORTRUST NOMS LTD A/C MEJ01          13,287,816


                                END OF REPORT

















This announcement has been issued through the Companies Announcement Service of



                            The Irish Stock Exchange




















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