Significant shareholding

Celtic Resources Holdings PLC
25 May 2006

                         Celtic Resources Holdings plc
                     ("Celtic Resources" or "the Company")

                            Significant shareholding


The Company was notified on 24 May 2006 by Aton International Limited that one
of its custodian accounts, Starberry Limited, was the beneficial owner of
2,432,036 ordinary shares in Celtic Resources, which represents 5.35 per cent.
of the total issued ordinary share capital of the Company.



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