Company Information for Kenmare Resources Plc

LSE-KMR; IEX-Sedol:0487948

www.kenmareresources.com

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IEX; Sedol:0487948

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Company Statement

Kenmare Resources plc is quoted on the official lists of the Irish and London Stock Exchanges.

Kenmare Resources principal activity is the production of titanium minerals at its 100% owned Moma Mine in Mozambique. Once it has ramped-up to full production during Q4 2008, Moma will be the world’s 3rd largest single mine in terms of titanium dioxide production. Kenmare is also set to become the 5th largest global titanium dioxide feedstock producer after Rio Tinto, Iluka, BHPB (via its 50% ownership of RBM) and Exxaro Resources.

Current Operations

Kenmare's principal asset is the wholly owned Moma Titanium Minerals Mine, located on the coast of Mozambique. Moma is a new mine containing considerable reserves of the titanium minerals, ilmenite and rutile. The Moma mine also has large quantities of zircon, a high value co-product of titanium minerals mining.These minerals are mined using dredges and concentrated in a floating wet concentrator plant (WCP), which pumps the heavy mineral concentrate (HMC) produced to a minerals separation plant (MSP) where it is separated into final products for export.

It was agreed between Kenmare and the construction contractor, a Joint Venture between Multiplex and Bateman, that the Moma Mine would be taken over in sections. All sections, save for a product roaster which enhances the quality of one ilmenite product, were taken over in 2007. The roaster is due to be taken over in 2008. First export of ilmenite took place in December 2007.

Project financing has been based on a 20 year mine plan with reserves of 16.4 million tonnes of ilmenite, 0.5 million tonnes rutile and 1.3 million tonnes zircon. It will have the capacity to produce 800,000 tonnes of ilmenite, 21,000 tonnes of rutile and 56,000 tonnes of zircon per annum for at least 20 years with revenues in excess of US$120m per annum.

The company is completing an expansion definition study which is expected to increase target production levels by approximately 50%. The total reserves and resources under license to Kenmare include 181mt of ilmenite with associated co-products, which suggests a mine life in excess of 150 years at the proposed expanded rate.

Titanium dioxide pigment is used in paints, paper and plastic production. The primary applications for zircon are in the manufacture of opacifiers for ceramic tile production and for refractory products used in the steel and foundry industries.

Geographical Spread

Mozambique - Moma Titanium Project

Mozambique - Ancuabe graphite mine

Board of Directors and Key Management

Charles Carvill	(Chairman)
Michael Carvill	(Managing Director)
Tony McCluskey	(Financial Director)
Alastair Brown	(Exploration Director)
Tony Lowrie	(Non exec Director)
Ian Egan	(Non exec Director)
Simon Farrell	(Non exec Director)
Terence Fitzpatrick	(Acting COO & Non exec Director)
Peter McAleer	(Non exec Director)

Eamonn Keenan	(Marketing Manager)
Deirdre Corcoran	(Financial Controller & Company Secretary)

Company Address

Chatham House
Chatham Street
Dublin 2, Ireland


Telephone:	+353 1 671 0411
Facsimile:	+353 1 671 0810
Email:	info[at]kenmareresources.com
Website:	http://www.kenmareresources.com

Additional Address/Key Contact

Maputo Office
Kenmare Resources plc.
Rua de Chuindi, No.67, R/C, Maputo, Mozambique.
Phone: +258 21 494921/499701
Fax: +258 21 499731

Mozambique Manager
Contact: Gareth Clifton
E-mail: kenmaremaputo@intra.co.mz

Capital

743,790,079 Ordinary Shares in issue

Annual General Meeting

May, Dublin

Year End

31 December

Nominated Brokers

Davy's - Ireland
CanaccordAdams- UK
Mirabaud Securities- UK

Broker/Analyst Reports

27/04/07 - Davys Stockbrokers Report - 27th April 2007

Major Shareholders

The Company is aware that on 7th April 2008, the following held in excess of 3% of the issued ordinary shares of the Company.
	% of Issued Share Capital
Nortrust Nominees Limited	17.20%
Nederlandse Financierings - FMO	6.19%
State Street Nominees Limited	6.07%
HSBC Global Custody Nominee (UK) Limited	4.82%

Most Recent Statement

01/09/08 - RE: Resignation of Dr. Chris Gilchrist
29/08/08 - Half Yearly Financial Report
17/07/08 - Update on engineering matters previously notified to the market
14/04/08 - Preliminary Results For the year ended 31 December 2007
24/01/08 - Kenmare provides production update for Moma mine
14/12/07 - First export of product from the Moma Titanium Mine completed

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