Exercise of Options

 Kenmare Resources Plc.

Chatham House, Chatham St, Dublin 2, Ireland.
Tel: [phone]  Fax: [phone]
Rua de Chuindi No.67 R/C, Maputo, Mozambique.
Tel: [phone]  Fax:  [phone]
Website : www.kenmareresources.com  Email : [e-mail]



Kenmare Resources plc ("Kenmare" or "the Company") Announcement

10 February 2011
RE : Exercise of Options

Options to subscribe for 723,333 Ordinary Shares of €0.06c in the capital of
Kenmare have been exercised. Application has been made to the Irish Stock
Exchange and 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. The new Ordinary Shares rank pari passu in all
respects with the existing Ordinary Shares.



Deirdre Corcoran
Company Secretary







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Source: Kenmare Resources via Thomson Reuters ONE

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