Announcements - 11 January 2010

Kenmare Warrants Exercised

Further to the announcement on 20 November 2009, Kenmare is pleased to announce that all of the outstanding warrants have now been exercised. Of the 26,288,764 outstanding warrants, 16,153,762 warrants were exercised by the original warrant holders prior to 31 December 2009, whilst the remaining 10,135,002 warrants were transferred to the underwriter and have now been exercised.

 

The new Ordinary Shares resulting from the exercise of the warrants will be issued pursuant to existing block listing authorities and will rank pari passu in all respects with the existing Ordinary Shares.

 

For more information:

 

Kenmare Resources plc

Michael Carvill, Managing Director

Tel: +353 1 6710411

Mob: + 353 87 674 0110

 

Tony McCluskey, Financial Director

Tel: +353 1 6710411

Mob: + 353 87 6740346

 

Murray Consultants

Jim Milton/Joe Heron

Tel: +353 1 498 0345

Mob: + 353 86 255 8400

 

Conduit PR Ltd

Charlie Geller

Tel: +44 207 429 6666

Mob: +44 797 0067320

 

 

www.kenmareresources.com