Holding(s) in Company

Kenmare Resources PLC
29 April 2002



Kenmare Resources Plc

29 April 2002

Re: Holding in Company



A Letter from Merrill Lynch Investment Managers dated 25 April 2002 to Kenmare
Resources Plc, received by Kenmare Resources Plc on the 29th April 2002..



Irish Companies act 1990 ss 67 -89



We are advised that for the purposes of the above provisions Merrill Lynch
Investment Managers Limited has interests in the relevant share capital of your
company which are disclosable pursuant to section 199(2) of the above Act. Save
where specifically identified to the contrary such interests arise by reason of
discretionary investment management arrangements entered into by us or by our
affiliates in the Merrill Lynch Investment Managers Limited. Each such affiliate
is interested in the relevant share capital to the extent set out in the
attachment and, where applicable, this letter constitutes disclosure on behalf
of such affiliates. Relevant details of such interests are set out in the
attachment to this letter.



Merrill Lynch Investment Managers Limited





Company Name: Kenmare Resources Plc

Class of Shares: Eur0.06 Ordinary Shares

Date : 24rd April 2002

Total: Merrill Lynch Investment Managers Limited - 10,975,000 (5.74%)

Made up as follows:
Registered Holder          Number of Shares          Investment Management      Beneficial Interests?
                                                     Company (if separately
(if known)                                           disclosable)               (Yes/No)

Nutraco Nominees Ltd       9,508,485                                            No
(Designated &
Undesignated)

Merrill Lynch Pension      1,466,515                                            Yes
Nominees Ltd A/C Noncert

                           10,975,000



This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.





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