Holding(s) in Company

Kenmare Resources PLC 13 May 2002 Kenmare Resources Plc 13 May 2002 Re: Holding in Company A Letter from The Capital Group Companies, Inc dated 10 May 2002 to Kenmare Resources Plc, received by the Irish Stock Exchange 10 May 2002. Re: Section 67 Notification Please find enclosed a Notification of Interests filed pursuant to Section 67 of the Companies Act, 1990. This Notice is filed by The Capital Group Companies, Inc. ('CGC'). The Capital Group Companies, Inc. ('CGC') is a holding company for several subsidiary companies engaged in investment management business. The investment management business is divided into two operational groups, represented by Capital Research and Management Company ('CRMC') and Capital Group International, Inc. ('CGII'). CRMC is a U.S.-based investment adviser that manages The American Funds Group of mutual funds. CGII is the parent company of five companies that serve as investment managers to various institutional clients around the globe: Capital Guardian Trust Company in the U.S., Capital International, Inc. in the U.S. and Singapore, Capital International Limited in the United Kingdom, Capital International S.A. in Switzerland and Capital International K.K. in Japan. For a more complete description of our organization, please visit our Web site at www.capgroup.com. Neither The Capital Group Companies, Inc. nor any of its affiliates own any shares of your company for its own account. Rather, the shares reported in the Notification are owned by accounts under the discretionary investment management of one or more of the investment management companies described above. Furthermore, CRMC and CGII act separately from one another and from CGC in exercising investment discretion over their managed accounts. For the purpose of this notification an outstanding share balance of 261,819,120 shares was used to calculate the percentage of holdings of the relevant share capital which determine the notifiable interest. We believe this outstanding share balance is current; however, if this number is not accurate, please contact us as soon as possible so we may make the necessary revisions to this notification. David Gaw Compliance Consultant The Capital Group Companies, Inc. A Letter from The Capital Group Companies, Inc. to Kenmare Resources Plc dated 9 May 2002. Notification of Interests (Section 67 Companies Act 1990) This Notice is given by The Capital Group Companies, Inc. on behalf of its affiliates, including Capital Research and Management Company, pursuant to Section 67 of the Companies Act, 1990. The interest in the relevant share capital indicated below arises by virtue of holdings attributed to the Companies (see Schedule A). These holdings form part of funds managed on behalf of investment clients by the Companies. Share capital to which this relates: Ordinary Shares Number of shares in which the Companies have a notifiable interest: 19,200,000 Ordinary Shares Name(s) of registered holder(s): See Schedule B As of 09 May 2002 Kenmare Resources Plc Number of Shares Percent of Outstanding The Capital Group Companies, Inc. (' 19,200,000 7.33% CG') holdings Holdings by CG Management Companies and Funds: Capital Research and Management 19,200,000.00 7.33% Company American Variable Insurance Series - 12,000,000.00 4.58% Global Small Capitalization Schedule A Schedule of holdings in Kenmare Resources Plc As of 9 May 2002 Capital Research and Management Company Registered Name Local Shares Bank of Ireland 19,200,000 Intl Financial Services Centre 1 Harbourmaster Place Dublin 1 Total 19,200,000 Schedule B Page 1 of 1 This announcement has been issued through the Companies Announcement Service of the Irish Stock Exchange. This information is provided by RNS The company news service from the London Stock Exchange
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