Kenmare Resources - Holding in Company

RNS Number:6398H
Kenmare Resources PLC
21 March 2000


Letter from Gartmore Investment Limited dated 17 March 2000 to Kenmare
Resources Plc, received by Kenmare Resources Plc 20 March 2000.

In accordance with the provisions of Section 67 of the Irish Companies Act
1990, we write to inform you that we have increased our interest in your
company by virtue of the acquisition of 250,000 ordinary shares on 16th March
2000.  As a result, an entry in the Company's Register of Interests should be
made as follows:

Fund Manager Name:        Gartmore Investment Limited
Total amount of holding:  9,586,798 Ordinary 0.05IEP Shares
Total percentage holding: 6.89%

This holding has been acquired by Gartmore Investment Limited for investment
purposes only, on behalf of various clients (see attached schedule).  The
percentage holding is based on the number of shares in issue as supplied to us
by Extel Financial Limited.


Alan Buddles
Head of Restrictions & Disclosures Unit
Gartmore Investment Limited


Number of    Percentage of    Registered Owner         Beneficial Owner
Shares Held  Issued Capital            


4586798         3.36%          BNY GIL CLT A/C         Natwest Small Co's
                               NOMS LTD A/C NWSC        Invest Trust

2500000         1.83%          RBSTB NOMINEES LTD      Gartmore UK & Irish
                                                         Smllr Co'S Fund

2500000         1.83%          BNY GIL CLT A/C         Pensman Small Company
                               NOMS LTD A/C PESCG          Growth
________        ______
9586798          7.02%                  No. of Shares issued   138377438

        
END

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