Additional Listing

Celtic Resources Holdings PLC
02 October 2003


                 Celtic Resources Holdings plc (the "Company")

                               Additional Listing


Application has been made for 5,714 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 5,714 warrants
at £Stg1.40 per.

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 7 October 2003.

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