Holding(s) in Company

 
TIDMKMR 
 
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|TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)                             | 
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                                         | 
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|1. Identity of the issuer or the        |                                     | 
|underlying issuer                       |                                     | 
|of existing shares to which voting      |        Kenmare Resources Plc        | 
|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 qualifying financial       |                    | 
|instruments which may result in the acquisition of shares|                    | 
|already issued to which voting rights are attached       |                    | 
+---------------------------------------------------------+--------------------+ 
|An acquisition or disposal of instruments with similar   |                    | 
|economic effect to qualifying financial instruments      |                    | 
+---------------------------------------------------------+--------------------+ 
|An event changing the breakdown of voting rights         |                    | 
+------------------+--------------------------------------+--------------------+ 
|Other (please     |Update to Total Voting Rights         |         X          | 
|specify):         |triggered this notification.          |                    | 
+------------------+-------------+------------------------+--------------------+ 
|                                |                                             | 
|3. Full name of person(s)       |                                             | 
|subject to the                  |                          M&G Investment     | 
|notification obligation: (iii)  |Funds 1                                      | 
|                                |                                             | 
|                                |                                             | 
+--------------------------------+---------------------------------------------+ 
|                                |                                             | 
|4. Full name of shareholder(s)  |                                             | 
| (if different from 3.):(iv)    |       Nortrust Nominee Ltd A/C MEJ01        | 
|                                |                                             | 
|                                |                                             | 
+--------------------------------+---------------------------------------------+ 
|5. Date of the transaction and  |                                             | 
|date on                         |                                             | 
|which the threshold is crossed  |               29 January 2010               | 
|or                              |                                             | 
|reached: (v)                    |                                             | 
+--------------------------------+---------------------------------------------+ 
|6. Date on which issuer         |              01 February 2010               | 
|notified:                       |                                             | 
+--------------------------------+---------------------------------------------+ 
|7. Threshold(s) that is/are     |                                             | 
|crossed or                      |                     3%                      | 
|reached:(vi, vii)               |                                             | 
+------------------+-------------+-------+----------------+--------------------+ 
                   |             |       |                | 
 
 
 
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|8. Notified details:                                                                | 
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|A: Voting rights attached to shares (viii, ix)                                      | 
+------------+----------------------+------------------------------------------------+ 
|Class/type  |Situation previous    |Resulting situation after the triggering        | 
|of          |to the triggering     |transaction                                     | 
|shares      |transaction           |                                                | 
|            +----------+-----------+------------+-------------------+---------------+ 
|if possible |Number    |Number     |Number      |Number of voting   |% of  voting   | 
|using       |of        |of         |of shares   |rights             |rights (x)     | 
|the ISIN    |  ares    |V ting     +------------+----------+--------+------+--------+ 
|CODE        |          |Rights     |Direct      |Direct    |Indirect|Direct|Indirect| 
|            |          |           |            |(xi)      |(xii)   |      |        | 
+------------+----------+-----------+------------+----------+--------+------+--------+ 
|IE0004879486|26,802,353|26,802,353 | 26,802,353 |26,802,353|        |2.95% |        | 
+------------+----------+-----------+------------+----------+--------+------+--------+ 
|            |          |           |            |          |        |      |        | 
+------------+----------+-----------+------------+----------+--------+------+--------+ 
 
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|B: Qualifying Financial Instruments                                                 | 
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|Resulting situation after the triggering transaction                                | 
+--------------+----------+-----------------------+--------------------+-------------+ 
|Type of       |Expiration|Exercise/              |Number of voting    |% of voting  | 
|financial     |date(xiii)|Conversion Period(xiv) |rights that may be  |rights       | 
|instrument    |          |                       |acquired if the     |             | 
|              |          |                       |instrument is       |             | 
|              |          |                       |exercised/          |             | 
|              |          |                       |converted.          |             | 
+--------------+----------+-----------------------+--------------------+-------------+ 
|              |          |                       |                    |             | 
+--------------+----------+-----------------------+--------------------+-------------+ 
 
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|C: Financial Instruments with similar economic effect to Qualifying Financial       | 
|Instruments (xv, xvi)                                                               | 
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|Resulting situation after the triggering transaction                                | 
+-------------+---------+----------+-------------+--------------------+--------------+ 
|Type of      |Exercise |Expiration|Exercise/    |Number of voting    |% of voting   | 
|financial    |price    |date      |Conversion   |rights instrument   |rights (xix,  | 
|instrument   |         |(xvii)    |period(xviii)|refers to           |xx)           | 
|             |         |          |             |                    |              | 
+-------------+---------+----------+-------------+--------------------+-------+------+ 
|             |         |          |             |                    |Nominal|Delta | 
|             |         |          |             |                    +-------+------+ 
|             |         |          |             |                    |       |      | 
+-------------+---------+----------+-------------+--------------------+-------+------+ 
 
+------------------------------------------------------------------------------------+ 
|Total (A+B+C)                                                                       | 
+------------------------------------+-----------------------------------------------+ 
|Number of voting rights             |Percentage of voting rights                    | 
+------------------------------------+-----------------------------------------------+ 
|26,802,353                          |2.95%                                          | 
+------------+++--------+-+--------+++-----------++---------+--------+++----+-+------+ 
             |||        | |        |||           ||         |        |||    | | 
 
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|9. Chain of controlled undertakings through which the voting rights and/or the| 
|financial instruments are effectively held, if applicable:(xxi)               | 
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|                                                                              | 
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|Proxy Voting:                                                                 | 
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|10. Name of the proxy holder:                  |             N/A              | 
+-----------------------------------------------+------------------------------+ 
|11. Number of voting rights proxy holder will  |                              | 
|cease                                          |             N/A              | 
|to hold:                                       |                              | 
+-----------------------------------------------+------------------------------+ 
|12. Date on which proxy holder will cease to   |                              | 
|hold                                           |             N/A              | 
|voting rights:                                 |                              | 
+-----------------------------------------------+------------------------------+ 
 
+-----------------------------+------------------------------------------------+ 
|                             |M&G Investments Funds 1 is an Open Ended        | 
|13. Additional information:  |Investment Company (OEIC) and is not a          | 
|                             |Prudential group company and must be separately | 
|                             |disclosed.                                      | 
|                             |This OEIC Fund is managed by M&G Investment     | 
|                             |Management Limited (a wholly owned subsidiary of| 
|                             |Prudential plc) and will have been previously   | 
|                             |attributed to Prudential plc solely on the basis| 
|                             |that M&G Investment Management Ltd has direct   | 
|                             |fund management control over the shares         | 
|                             |identified in this notification.                | 
|                             |Therefore the 2.95% holding being disclosed in  | 
|                             |this notification is encompassed in the 18.28%  | 
|                             |already disclosed under The Prudential plc group| 
|                             |of companies on 01/02/2010 and is NOT in        | 
|                             |addition to it.                                 | 
|                             |                                                | 
|                             |                                                | 
+-----------------------------+------------------------------------------------+ 
|14. Contact name:            |Dipesh Varsani / Mark Thomas                    | 
|                             |M&G Investment Management Limited               | 
+-----------------------------+------------------------------------------------+ 
|15. Contact telephone number:|020 7548 3261 / 020 7548 3266                   | 
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                              |                 | 
 
 
 
[HUG#1379637]