Holding(s) in Company

Celtic Resources Holdings PLC 12 December 2003 Celtic Resources Holdings plc ("Celtic Resources" or the "Company") Substantial shareholding The Company was notified on 11 December 2003 that Deutsche Bank AG and its subsidiary companies hold 4,503,744 ordinary shares in Celtic Resources which represents 13.06 per cent. of its total issued ordinary share capital. Deutsche Bank AG London Branch now holds 2,803,744 shares and 1,700,000 shares are now held by other Deutsche Bank group companies in customer portfolio, as follows: Holder No. of shares held Deutsche Investment Management Americas Co 1,550,000 DWS Investment GmbH 150,000 This information is provided by RNS The company news service from the London Stock Exchange

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