Director Shareholding

Celtic Resources Holdings PLC
11 July 2006


                  Celtic Resources Holdings Plc (the "Company")                                      

                  Director Shareholding and Additional Listing
                                        

Application has been made for 17,500 new ordinary shares of Euro 0.25 each to be
admitted to trading on the AIM Market of London Stock Exchange plc. These shares
are being issued to Mr Michael Nesbitt, a non-executive director of the Company,
following the exercise today of options granted under the Celtic Resources Share
Option Scheme at Euro 1.27 per share.

Mr Nesbitt now holds 105,132 ordinary shares, being 0.23% of the issued share
capital of the Company. Mr Nesbitt also holds options over 11,000 shares
exercisable at EUR1.27 per share.

These shares will rank pari passu with existing ordinary shares and dealings are
expected to commence in the new ordinary shares at 8.00 a.m. on 17 July 2006.




                      This information is provided by RNS
            The company news service from the London Stock Exchange