Holding(s) in Company

Celtic Resources Holdings PLC
22 September 2003



                 Celtic Resources Holdings Plc (the "Company")

                           Substantial shareholding



The Company was notified on 19 September 2003 that RAB Capital no longer holds a
notifiable interest in the ordinary share capital of the Company.



Enquiries:


Kevin Foo
Celtic Resources Holdings Plc
Tel: + 44 (0) 20 7593 0001
[e-mail]


Cindy Dennis
Capital PR
Tel: + 44 (0) 781 661 7959
[e-mail]






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