Holding(s) in Company

Celtic PLC
10 May 2002



                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     CELTIC PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     DERMOT DESMOND

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

     HOLDING OF D. DESMOND

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     LINE NOMINEES LIMITED

5)   Number of shares/amount of stock acquired.

     2,000,000

6)   (6.55%) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF £0.01

10)  Date of transaction

     9 MAY 2002

11)  Date company informed

     10 MAY 2002

12)  Total holding following this notification

     6,273,770
               
13)  Total percentage holding of issued class following this notification

     20.54%

14)  Any additional information



15)  Name of contact and telephone number for queries

     KEVIN WILSON       0161 819 5444

16)  Name and signature of authorised company official responsible for 
     making this notification   ROBERT M. HOWAT

    
     Date of Notification ........10 MAY 2002................




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