Holding(s) in Company

Kenmare Resources PLC
10 May 2002



Kenmare Resources Plc

10 May 2002

Re: Holding in Company

A Letter from Merrill Lynch & Co, Inc dated 09 May 2002 to Kenmare Resources
Plc, received by Kenmare Resources Plc on the 10th May 2002.


Irish Companies act 1990 ss 67 -89

We wish to advise you, by reason of the provisions of section 72 of the above
Act, that the companies, the names and the addresses of which are set out in the
schedule to this letter (which are holding companies of Merrill Lynch Investment
Managers Ltd ('MLIM') no longer have an interest as previously disclosed by us
and we should be grateful if you would treat this letter as making such
disclosure on its behalf.



Merrill Lynch & Co Inc


Schedule

Part 1

Name                                                  Address
Merrill Lynch Investment Managers Ltd                 33 King William Street

                                                      London EC4R 9AS
ML Invest Holdings Limited                            25 Ropemaker Street

                                                      London EC2Y 9LY
Mk Invest Inc                                         World Financial Center
                                                      North Tower
                                                      250 Vesey Street
                                                      NY 10281 - 1332



Part 2


Merrill Lynch Group Inc                               World Financial Center
                                                      North Tower
                                                      250 Vesey Street
                                                      NY 10281 - 1332


Merrill Lynch & Inc, Inc                              World Financial Center
                                                      North Tower
                                                      250 Vesey Street
                                                      NY 10281 - 1332



This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.





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