Additional Listing

Celtic Resources Holdings PLC
17 February 2004


                 Celtic Resources Holdings plc (the "Company")

                               Additional Listing

Application has been made for 1,508 new ordinary shares of Euro 0.25 each to be
admitted to trading on the Alternative Investment Market of the London Stock
Exchange. These shares are being issued following the exercise of warrants:

937 exercised at £2.00
571 exercised at £1.40

These shares will rank pari passu with existing ordinary shares and dealings are
expected to commence in the new ordinary shares at 8.00am on 23 February 2004.



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