Director Shareholding

Celtic PLC
6 August 2001

CELTIC PLC ('the Company')

6 August 2001

DIRECTORS' SHAREHOLDINGS

Pursuant to the Company's Offer for Subscription for New Convertible Preferred
Ordinary Shares of 100p ('New Convertible Shares') at a subscription price of
125p each, the Company announces the following holdings by Directors:

Director          New Convertible     Total holding in New             % of New
                  Shares acquired       Convertible Shares   Convertible Shares


Brian Quinn                20,000                   20,000                0.11%

Ian McLeod                  8,000                    8,000                0.04%

Eric Riley                  8,000                    8,000                0.04%

Sir Pat Sheehy             20,000                   20,000                0.11%

Kevin  Sweeney              2,500                    2,500                0.01%


END