Holding(s) in Company
+------------------------------------------------------------------+
| TR-1[i]: notification of major interests in shares |
+------------------------------------------------------------------+
+-------------------------------------------------------------------+
| 1. Identity of the issuer or the | Kenmare Resources PLC |
| underlying issuer of existing shares | |
| to which voting rights are | |
| attached[ii]: | |
|-------------------------------------------------------------------|
| 2. Reason for the notification (please tick the appropriate |
| box or boxes) |
|-------------------------------------------------------------------|
| An acquisition or disposal of voting rights | |
|---------------------------------------------------------+---------|
| An acquisition or disposal of financial instruments | |
| which may result in the acquisition of shares already | |
| issued to which voting rights are attached | |
|---------------------------------------------------------+---------|
| An event changing the breakdown of voting rights | |
|---------------------------------------------------------+---------|
| Other (please specify): Please refer to item 13 | X |
|-------------------------------------------------------------------|
| 3. Full name of person(s) subject to | Prudential plc group of |
| the notification obligation[iii]: | companies |
|----------------------------------------+--------------------------|
| 4. Full name of shareholder(s) (if | See attached schedule |
| different from 3.)[iv]: | |
|----------------------------------------+--------------------------|
| 5. Date of the transaction (and date | See item 13 |
| on which the threshold is crossed or | |
| reached if different)[v]: | |
|----------------------------------------+--------------------------|
| 6. Date on which issuer notified: | 19 June 2008 |
|----------------------------------------+--------------------------|
| 7. Threshold(s) that is/are crossed or | See item 13 |
| reached: | |
|-------------------------------------------------------------------|
| 8. Notified details: |
+-------------------------------------------------------------------+
+-----------------------------------------------------------------------------------------------------+
|A: Voting rights attached to shares |
|-----------------------------------------------------------------------------------------------------|
|Class/type of |Situation previous to the |Resulting situation after the triggering transaction[vii]|
|shares |Triggering transaction [vi]| |
|(if possible |---------------------------+---------------------------------------------------------|
|using the ISIN | Number of | Number of | Number of | Number of voting rights |% of voting rights|
|CODE) | Shares |Voting Rights | shares | ix | |
| | | viii |------------+-------------------------+------------------|
| | | | Direct | Direct x | Indirect | Direct |Indirect |
| | | | | | xi | | |
|---------------+------------+--------------+------------+--------------+----------+--------+---------|
|IE0004879486 |118,747,736 |118,747,736 |118,747,736 |118,747,736 | |15.97% | |
+-----------------------------------------------------------------------------------------------------+
+-------------------------------------------------------------------+
| B: Financial Instruments |
|-------------------------------------------------------------------|
| Resulting situation after the triggering transaction xii |
|-------------------------------------------------------------------|
| Type of | Expiration | Exercise/ | Number of | % of |
| financial | date xiii | Conversion | voting rights | voting |
| instrument | | Period/ Date | that may be | rights |
| | | xiv | acquired if the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
|------------+------------+--------------+-----------------+--------|
| N/A | N/A | N/A | N/A | N/A |
+-------------------------------------------------------------------+
+----------------------------------------------+
| Total (A+B) |
|----------------------------------------------|
| Number of voting rights | % of voting rights |
|-------------------------+--------------------|
| 118,747,736 | 15.97% |
+----------------------------------------------+
+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting |
| rights and/or the financial instruments are effectively held, if |
| applicable xv: |
|-------------------------------------------------------------------|
| Prudential plc (parent Company) |
| M&G Group Limited (wholly owned subsidiary of Prudential plc) |
| M&G Limited (wholly owned subsidiary of M&G Group Limited) |
| M&G Investment Management Limited (wholly owned subsidiary of M&G |
| Limited) |
| M&G Securities Limited (wholly owned subsidiary of M&G Limited) |
+-------------------------------------------------------------------+
+-------------------------------------------------------------------+
| Proxy Voting: |
|-------------------------------------------------------------------|
| 10. Name of the proxy holder: | N/A |
|-------------------------------------------------------------+-----|
| 11. Number of voting rights proxy holder will cease to | N/A |
| hold: | |
|-------------------------------------------------------------+-----|
| 12. Date on which proxy holder will cease to hold voting | N/A |
| rights: | |
+-------------------------------------------------------------------+
+-------------------------------------------------------------------+
| 13. Additional | M&G Investment Management Limited (MAGIM) |
| information: | previously disclosed a holding of |
| | 123,284,347 (16.58%). MAGIM has sole |
| | investment power but no voting power over |
| | funds managed for and on behalf of one of |
| | MAGIM's investment advisory clients. As a |
| | consequence of legal advice recently |
| | received, we must now notify you, by |
| | virtue of the DTR Handbook section |
| | 5.1.2R, of our new voting rights position |
| | in your company. This notification now |
| | excludes shares currently managed and |
| | previously notified to you, where the |
| | voting rights have been retained by the |
| | client. |
|-----------------------+-------------------------------------------|
| 14. Contact name: | Mark Thomas |
| | M&G Investment Management Limited |
|-----------------------+-------------------------------------------|
| 15. Contact telephone | 020 7548 3266 |
| number: | |
+-------------------------------------------------------------------+
Notifiable Position Report for Kenmare Resources Ord Eur0.06
as at 17 June 2008
Percentage holdings are calculated using an issued share capital of
743,535,406 ORD EUR0.06 shares
+-------------------------------------------------------------------+
| | Registered | Holding | % | |
| | Holder | | | |
|-----------------+--------------+-------------+-------+------------|
| Prudential plc | | 118,747,736 | 15.97 | Total |
| | | | | Notifiable |
| | | | | Interest |
|-----------------+--------------+-------------+-------+------------|
| | NORTRUST | 88,405,152 | | |
| | NOMINEE LTD | | | |
| | A/C MKK01 | | | |
|-----------------+--------------+-------------+-------+------------|
| | NORTRUST | 23,734,769 | | |
| | NOMS LTD A/C | | | |
| | MEJ01 | | | |
|-----------------+--------------+-------------+-------+------------|
| | PRUCLT HSBC | 6,607,815 | | |
| | GIS NOM(UK) | | | |
| | PPL AC | | | |
|-----------------+--------------+-------------+-------+------------|
| M&G Group | | 118,747,736 | 15.97 | |
| Limited | | | | |
|-----------------+--------------+-------------+-------+------------|
| | NORTRUST | 88,405,152 | | |
| | NOMINEE LTD | | | |
| | A/C MKK01 | | | |
|-----------------+--------------+-------------+-------+------------|
| | NORTRUST | 23,734,769 | | |
| | NOMS LTD A/C | | | |
| | MEJ01 | | | |
|-----------------+--------------+-------------+-------+------------|
| | PRUCLT HSBC | 6,607,815 | | |
| | GIS NOM(UK) | | | |
| | PPL AC | | | |
|-----------------+--------------+-------------+-------+------------|
| M&G Investment | | 118,747,736 | 15.97 | |
| Management | | | | |
| Limited | | | | |
|-----------------+--------------+-------------+-------+------------|
| | NORTRUST | 88,405,152 | | |
| | NOMINEE LTD | | | |
| | A/C MKK01 | | | |
|-----------------+--------------+-------------+-------+------------|
| | NORTRUST | 23,734,769 | | |
| | NOMS LTD A/C | | | |
| | MEJ01 | | | |
|-----------------+--------------+-------------+-------+------------|
| | PRUCLT HSBC | 6,607,815 | | |
| | GIS NOM(UK) | | | |
| | PPL AC | | | |
|-----------------+--------------+-------------+-------+------------|
| M&G Limited | | 118,747,736 | 15.97 | |
|-----------------+--------------+-------------+-------+------------|
| | NORTRUST | 88,405,152 | | |
| | NOMINEE LTD | | | |
| | A/C MKK01 | | | |
|-----------------+--------------+-------------+-------+------------|
| | NORTRUST | 23,734,769 | | |
| | NOMS LTD A/C | | | |
| | MEJ01 | | | |
|-----------------+--------------+-------------+-------+------------|
| | PRUCLT HSBC | 6,607,815 | | |
| | GIS NOM(UK) | | | |
| | PPL AC | | | |
|-----------------+--------------+-------------+-------+------------|
| M&G Securities | | 112,139,921 | 15.08 | |
| Limited | | | | |
|-----------------+--------------+-------------+-------+------------|
| | NORTRUST | 88,405,152 | | |
| | NOMINEE LTD | | | |
| | A/C MKK01 | | | |
|-----------------+--------------+-------------+-------+------------|
| | NORTRUST | 23,734,769 | | |
| | NOMS LTD A/C | | | |
| | MEJ01 | | | |
+-------------------------------------------------------------------+
END OF REPORT
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