Holding(s) in Company

+-------------------------------------------------------------------+
|                                                                   |
|-------------------------------------------------------------------|
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                   |
|-------------------------------------------------------------------|
|                                            |                      |
|--------------------------------------------+----------------------|
| 1. Identity of the issuer or the           |                      |
| underlying issuer                          |  Kenmare Resources   |
| of existing shares to which voting rights  |         Plc          |
| are                                        |                      |
| attached: ii                               |                      |
|-------------------------------------------------------------------|
| 2 Reason for the notification (please tick the appropriate box or |
| boxes):                                                           |
|-------------------------------------------------------------------|
| An acquisition or disposal of voting rights             |         |
|---------------------------------------------------------+---------|
| An acquisition or disposal of qualifying financial      |         |
| instruments which may result in the acquisition of      |         |
| shares already issued to which voting rights are        |         |
| attached                                                |         |
|---------------------------------------------------------+---------|
| An acquisition or disposal of instruments with similar  |         |
| economic effect to qualifying financial instruments     |         |
|---------------------------------------------------------+---------|
| An event changing the breakdown of voting rights        |         |
|---------------------------------------------------------+---------|
| Other (please         | Update to Total Voting Rights   |    X    |
| specify):             | triggered this nofitcation.     |         |
|-------------------------------------------------------------------|
| 3. Full name of person(s) subject |                               |
| to the                            |    M&G Investment Funds 3     |
| notification obligation: iii      |                               |
|-----------------------------------+-------------------------------|
|                                   |                               |
| 4. Full name of shareholder(s)    |   Nortrust Nominee Ltd A/C    |
|  (if different from 3.):iv        |             MKK01             |
|                                   |                               |
|                                   |                               |
|-----------------------------------+-------------------------------|
| 5. Date of the transaction and    |                               |
| date on                           |        25 August 2009         |
| which the threshold is crossed or |                               |
| reached: v                        |                               |
|-----------------------------------+-------------------------------|
| 6. Date on which issuer notified: |        26 August 2009         |
|-----------------------------------+-------------------------------|
| 7. Threshold(s) that is/are       |                               |
| crossed or                        |          14% to 13%           |
| reached: vi, vii                  |                               |
+-------------------------------------------------------------------+



+----------------------------------------------------------------------------------------------------------+
|8. Notified details:                                                                                      |
|----------------------------------------------------------------------------------------------------------|
|A: Voting rights attached to shares viii, ix                                                              |
|----------------------------------------------------------------------------------------------------------|
|Class/type of |Situation previous            |Resulting situation after the triggering transaction        |
|shares        |to the triggering             |                                                            |
|if possible   |transaction                   |                                                            |
|using         |------------------------------+------------------------------------------------------------|
|the ISIN CODE |Number          |Number       |Number       |Number of voting        |% of  voting rights x|
|              |of              |of           |of shares    |rights                  |                     |
|              |Shares          |Voting       |-------------+------------------------+---------------------|
|              |                |Rights       |Direct       |Direct xi    |Indirect  |Direct    |Indirect  |
|              |                |             |             |             |xii       |          |          |
|--------------+----------------+-------------+-------------+-------------+----------+----------+----------|
| GB0033711010 |  115,895,066   | 115,895,066 | 115,895,066 | 115,895,066 |          |  13.19%  |          |
|--------------+----------------+-------------+-------------+-------------+----------+----------+----------|
|              |                |             |             |             |          |          |          |
|----------------------------------------------------------------------------------------------------------|
|                                                                                                          |
|----------------------------------------------------------------------------------------------------------|
|B: Qualifying Financial Instruments                                                                       |
|----------------------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                                      |
|----------------------------------------------------------------------------------------------------------|
|Type of financial    |Expiration       |Exercise/                 |Number of voting        |% of voting   |
|instrument           |date xiii        |Conversion Period xiv     |rights that may be      |rights        |
|                     |                 |                          |acquired if the         |              |
|                     |                 |                          |instrument is           |              |
|                     |                 |                          |exercised/ converted.   |              |
|---------------------+-----------------+--------------------------+------------------------+--------------|
|                     |                 |                          |                        |              |
|----------------------------------------------------------------------------------------------------------|
|                                                                                                          |
|----------------------------------------------------------------------------------------------------------|
|C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi         |
|----------------------------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                                      |
|----------------------------------------------------------------------------------------------------------|
|Type of        |Exercise price |Expiration  |Exercise/     |Number of voting rights    |% of voting rights|
|financial      |               |date xvii   |Conversion    |instrument refers to       |xix, xx           |
|instrument     |               |            |period xviii  |                           |                  |
|---------------+---------------+------------+--------------+---------------------------+------------------|
|               |               |            |              |                           |Nominal  |Delta   |
|               |               |            |              |                           |---------+--------|
|               |               |            |              |                           |         |        |
|----------------------------------------------------------------------------------------------------------|
|                                                                                                          |
|----------------------------------------------------------------------------------------------------------|
|Total (A+B+C)                                                                                             |
|----------------------------------------------------------------------------------------------------------|
|Number of voting rights                             |Percentage of voting rights                          |
|----------------------------------------------------+-----------------------------------------------------|
|115,895,066                                         |13.19%                                               |
+----------------------------------------------------------------------------------------------------------+



+-------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting      |
| rights and/or the                                                 |
| financial instruments are effectively held, if applicable: xxi    |
|-------------------------------------------------------------------|
|                                                                   |
|-------------------------------------------------------------------|
|                                                                   |
|-------------------------------------------------------------------|
| Proxy Voting:                                                     |
|-------------------------------------------------------------------|
| 10. Name of the proxy holder:               |         N/A         |
|---------------------------------------------+---------------------|
| 11. Number of voting rights proxy holder    |                     |
| will cease                                  |         N/A         |
| to hold:                                    |                     |
|---------------------------------------------+---------------------|
| 12. Date on which proxy holder will cease   |                     |
| to hold                                     |         N/A         |
| voting rights:                              |                     |
|-------------------------------------------------------------------|
|                                                                   |
|-------------------------------------------------------------------|
| 13. Additional      | With reference to item 3, M&G Investments   |
| information:        | Funds 3 is an Open Ended Investment Company |
|                     | (OEIC) and is not a Prudential group        |
|                     | company and must be separately disclosed.   |
|                     | This OEIC Fund is managed by M&G Investment |
|                     | Management Limited (a wholly owned          |
|                     | subsidiary of Prudential plc) and will have |
|                     | been previously attributed to Prudential    |
|                     | plc solely on the basis that M&G Investment |
|                     | Management Ltd has direct fund management   |
|                     | control over the shares identified in this  |
|                     | notification.                               |
|                     | Therefore the 13.19% holding being          |
|                     | disclosed in this notification is           |
|                     | encompassed in the 18.86% already disclosed |
|                     | under The Prudential plc group of companies |
|                     | and is NOT in addition to it.               |
|                     |                                             |
|                     | Calculations based on a Total Voting Rights |
|                     | figure of 878,547,274.                      |
|---------------------+---------------------------------------------|
| 14. Contact name:   | Dipesh Varsani / Mark Thomas                |
|                     | M&G Investment Management Limited           |
|---------------------+---------------------------------------------|
| 15. Contact         | 020 7548 3261 / 020 7548 3266               |
| telephone number:   |                                             |
+-------------------------------------------------------------------+

---END OF MESSAGE---




This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.