Brochure of Particulars

Kenmare Resources PLC
12 March 2001


Kenmare Resources Plc


12 March 2001

Re: Brochure of Particulars

Warrant Exercise

Warrants to subscribe for 100,000 Ordinary Shares of IR5p in the capital of
Kenmare have been exercised. Application has been made to the Irish Stock
Exchange and to the UK Listing Authority for the new Ordinary Shares to be
admitted to, respectively, the Official List of the Irish Stock Exchange and
the Official List of the UK Listing Authority and to the London Stock Exchange
for the new shares to be admitted to trading. These new Ordinary Shares rank
pari passu in all respects with existing Ordinary shares.

Deirdre Corcoran

Company Secretary

Kenmare Resources Plc