Holding(s) in Company

Celtic Resources Holdings PLC
13 May 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES



1)    Name of company
Celtic Resources Holdings Plc


2)    Name of shareholder having a major interest
Deutsche Bank AG


3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18
Deutsche Bank AG London Branch, held as principal

Deutsche Bank Trust Company Americas, held in customer portfolio

4)                Name of the registered holder(s) and, if more than one holder,
the
number of shares held by each of them
Deutsche Bank AG London, 2,691,829 shares

Deutsche Bank Trust Company Americas, 1,250,000 shares

5)                Number of shares/amount of stock acquired
Not disclosed

6)                Percentage of issued class
Not disclosed


7)                Number of shares/amount of stock disposed
N/A


8)                Percentage of issued class
N/A


9)                Class of security
Ordinary shares of €0.25 each


10)            Date of transaction
Not disclosed

11)            Date company informed
1 May 2003

12)            Total holding following this notification
3,941,829



13)            Total percentage holding of issued class following this
notification
13.06%



14)        Any additional information



15)        Name of contact and telephone number for queries
Joe Nally, Williams de Broe Plc, Tel: [phone]


16)        Name and signature of authorised company official responsible for
making this notification
Joan Bingley

Date of notification 13 May 2003








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