Additional Listing

Celtic Resources Holdings PLC
19 November 2002


                 Celtic Resources Holdings plc (the "Company")

                   Additional Listing and Director's Dealing

Application has been made for 200,000 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 to Mr Kevin Foo, a director of the
Company, in consideration of Mr Foo releasing a right to subscribe for shares in
Dabney Holdings Limited, a wholly owned subsidiary of the Company, equal to 10%
of its enlarged share capital for a sum of US$350,000.  The 200,000 shares are
valued at not less than £Stg270,000 on the basis of a valuation of the release
of the subscription right satisfactory for the purposes of Section 30 of the
(Irish) Companies (Amendment) Act 1983.  Mr Foo's interest in the Company is
thereby increased.  Mr Foo, in common with the other directors, has agreed (save
in limited circumstances) not to dispose of any of his respective interests in
ordinary shares of the Company held at the time of Admission or issued pursuant
to rights already held for one year from 14 October 2002, being the date of
Admission to trading on AIM and has agreed to certain restrictions on disposal
for the following six months.  Mr Foo now holds 2,597,756 ordinary shares, being
9.65% of the issued share capital of the Company.  Mr Foo also holds warrants
over 250,000 shares exercisable at £Stg1.563 per share before 21 September 2004,
over 6,038 shares exercisable at £Stg1.10 per share before 31 December 2003 and
over 312 shares exercisable at £Stg2 per share exercisable before 31 December
2004.

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 25 November 2002.


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