Holding(s) in Company

RNS Number:8389V
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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