Announcement regarding the exercise of options

Kenmare Resources plc ("Kenmare" or "the Company") 23 June, 2011 Announcement regarding the exercise of options Options to subscribe for 1,250,000 Ordinary Shares of €0.06c in the capital of Kenmare have been exercised. Application has been made to the Irish Stock Exchange and the UK Listing Authority for the new Ordinary Shares to be admitted to, respectively, the Official List of the Irish Stock Exchange and the Official List of the UK Listing Authority and to the London Stock Exchange for the new shares to be admitted to trading. The new Ordinary Shares rank pari passu in all respects with the existing Ordinary Shares. Deirdre Corcoran Company Secretary 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#1525701]