Exercise of Warrants

Kenmare Resources PLC
18 July 2005

Kenmare Resources Plc



18 July 2005



RE: Brochure of Particulars



Warrants to subscribe for 3,965,502 Ordinary Shares of  €0.06 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.







This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.






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