The Company Secretary
Kenmare Resources PLC
Chatham House
Chatham Street
Dublin 2
Republic of Ireland
24 February 2006
Dear Sir / Madam
RE: Declaration of Interest in Shares
In accordance with Part IV of the Companies Act 1985 (as amended), we write to inform you that Artemis lnvestment Management Limited, and certain of its subsidiary companies, have a notifiable interest of 32,040,000 shares, representing 4.79% of the issued share capital of your company.
Full details of the interest and the beneficial holders are detailed below.
Yours faithfully,
Karen Paine
Artemis lnvestment Management Ltd
Beneficial Owner - Artemis UK Smaller Companies
Number of Shares Held - 32,040,000
% lnterest - 4.79