Re: Holding in Company

Kenmare Resources PLC
06 August 2004

Kenmare Resources plc



06 August 2004



A letter from Eagle Star Life Assurance Company of Ireland Limited dated 30th
July 2004 to Kenmare Resources plc, received by Kenmare Resources plc on the
06th August 2004.



Re: Disclosure of Interest in Ordinary Shares of Kenmare Resources Plc.



I wish to advise of the extent of the combined interests of Companies in the
Zurich Financial Services Group (which includes Eagle Star Life Assurance
Company of Ireland Limited) in the ordinary shares of Kenmare Resources Plc.  We
understand that there are 563,288,545 ordinary shares of Kenmare Resources Plc.
in issue at 30th June 2004.



I wish to confirm that at the 30th June 2004, the combined shareholdings of
entities in the Zurich Financial Services Group Plc. amounts to 18,925,000
ordinary Shares in Kenmare Resources Plc. and this amounts to 3.360% of the
Issued Ordinary Share Capital.  The holdings were all acquired during June 2004.
  The breakdown of the holdings are as follows;


Ordinary Shares            %                         Beneficial Owner           Held in Nominee Account
18,750,000                 3.329                     Allied Dunbar Assurance    Littledown Nominees
     175,000               0.031                     Eagle Star Life Assurance  Mole Nominees
                                                     Company of Ireland Ltd
18,925,000                 3.360



If you have any queries, please contact Ken Spillane (Investment Accountant) @
01-2092327





Patrick Coyle

Director & Company Secretary


Eagle Star Life Assurance Company of Ireland Ltd



Anthony Brennan

Compliance Officer

Eagle Star Life Assurance Company of Ireland Ltd








This announcement has been issued through the Companies Announcement Service of

The Irish Stock Exchange










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