Result of Meeting

GAELIC RESOURCES PLC 4 October 1999 GAELIC RESOURCES PLC ('Gaelic') At a meeting of Gaelic Warrantholders held earlier today, a special resolution to amend the terms of the Gaelic Warrant Instrument dated 27 March, 1995 was passed. The passing of this resolution is one of the conditions of the Recommended Offer by SG Securities (London) Ltd on behalf of Desire Petroleum plc ('Desire') to acquire the Gaelic Ordinary Shares (other than those already owned by Desire) and the Gaelic Warrants on the terms and subject to the conditions set out in the Offer Document dated 11 September, 1999. The Gaelic Directors accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the Gaelic Directors (who have taken all reasonable care to ensure that such is the case), the information contained in this announcement is in accordance with the facts and does not omit anything likely to affect the import of such information.
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