Holding(s) in Company

Celtic Resources Holdings PLC
26 July 2006



                         Celtic Resources Holdings plc

                     ("Celtic Resources" or the "Company")


               Significant shareholding and dealings by director



The Company was notified on 26 July 2006 by Aton International Limited that one 
of its custodian accounts, Starberry Limited, was the beneficial owner of 
3,106,056 ordinary shares in Celtic Resources, which represents 6.66 per cent. 
of the total issued ordinary share capital of the Company.


The Company has also been advised of the following sales of ordinary shares by a
non-executive director of the Company. Mr McDermott sold 110,000 shares at £2.50
on 20th July, 10,000 shares at £2.55 on 21st July, 15,000 shares at £2.52 on
25th July and 32,500 at £2.52 on 26th July. Mr McDermott now holds 1,080,470
ordinary shares being 2.32% of the total issued share capital of the Company. Mr
McDermott also holds warrants over 542,735 shares exercisable at €1.625 per
share.




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