Result of AGM

GAELIC RESOURCES PLC
5 August 1999


Gaelic Resources plc ('Gaelic')

The Annual General Meeting of Gaelic was held in Dublin today.  An update of
progress in Portugal following the testing of gas from the Aljubarrota No. 2
exploration well was given.  An appraisal licence covering the discovery has
recently been awarded, which will require the drilling of up to three
appraisal wells over the next three years in order to retain the licence.


CONTACTS:

Ian Forrest                                             [phone]
David Quick / Colin Phipps                              [phone]
Hugh McCutcheon, Davy Corporate Finance Ltd.            [phone]
Judith Parry/Simon Rothschild, Millham Communications   [phone]