Rule 2.10 Announcement

Celtic Resources Holdings PLC
12 September 2006


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


                              Rule 2.10 disclosure


In accordance with Rule 2.10 of The City Code on Takeovers and Mergers, Celtic
Resources confirms that it has following relevant securities in issue;


   •47,012,958 ordinary shares of €0.25 each traded under ISIN IE0031880887;

   •9,584 unlisted warrants to subscribe for ordinary shares at a price of
    £1.10 per share

   •542,735 unlisted warrants to subscribe for ordinary shares at a price of
    €1.625 per share

   •300,00 warrants to subscribe for ordinary shares at a price of £1.563 per
    share

   •12,187 warrants to subscribe for ordinary shares at a price of £2.00 per
    share

   •2,766,143 warrants to subscribe for ordinary shares at a price of $7.562
    per share; and

   •2,841,910 warrants to subscribe for ordinary shares at a price of £2.50
    per share


For further information, please contact:


Enquiries

Celtic Resources Holdings plc

Michael Palmer

Director [phone]


Evolution Securities Limited

Simon Edwards [phone]


12 September 2006


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