Kenmare appoints Head of Commercial and Strateg...

Kenmare Resources plc ("Kenmare" or "the Company") 11th May, 2011 Kenmare Resources is pleased to announce the appointment of Bruno Cavalancia as Head, Commercial and Strategic Development, Asia. Based in Singapore, Bruno will be part of Kenmare's executive marketing team and be responsible for the commercial development of titanium feedstock and mineral sand products from Kenmare's Moma mine into the Asian market, which presently accounts for around 30% of Kenmare's sales revenues.  He will work in close cooperation with Kenmare's agent in Asia, Mitsui & Co, who will continue to play a key role in marketing ilmenite throughout Asia. Bruno previously worked with Rio Tinto's titanium unit for almost 20 years and was involved in Rio's marketing and business development efforts on a global and regional basis. He has substantial experience in managing sales and marketing activities in Asia, specifically regarding the development of markets in China and Japan. Eamonn Keenan, Kenmare's Group General Manager Sales and Marketing said:  "Following the expansion of the Moma mine, Kenmare will be producing 10% of the world's titanium feedstock output. The expansion allows us to serve new markets and strengthen and expand our customer base. The appointment of Bruno Cavalancia is an important step in our strategy of expanding sales in the Asian market. His experience and expertise will strengthen our team considerably in this key market and we welcome him to the team." For further information, please contact: Kenmare Resources plc. Michael Carvill, Managing Director Tel: +353 1 671 0411 Eamonn Keenan, Group General Manager Sales & Marketing Tel: +353 1 671 0411 This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Kenmare Resources via Thomson Reuters ONE [HUG#1514310]
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