Holding(s) in Co - Replacemnt

Celtic PLC 21 May 2002 STATEMENT OF CLARIFICATION RE VOTING RIGHTS Celtic plc advises that the following supplements and replaces the 'Holding(s) in Company' announcement released on 10 May 2002 at 16:49 hours under RNS Number 7702V: '14. Any additional information The acquisition increases total voting rights of Mr Desmond over voting shares in issue from 25.3% to 29.4%. This consists of 12.9% of total voting rights arising from beneficial ownership of 6,273,770 Ordinary Shares of 1 pence and 16.5% of total voting rights arising from beneficial ownership of 8,000,000 Convertible Preferred Ordinary Shares of £1.00.' All other details remain unchanged, and the full amended text appears below. DEALINGS BY SUBSTANTIAL SHAREHOLDERS 1) NAME OF COMPANY CELTIC PLC 2) NAME OF SHAREHOLDER HAVING A MAJOR INTEREST DERMOT DESMOND 3) Please state whether notification indicates that it is in respect of holding of the Shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18 HOLDING OF D. DESMOND 4) Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them. LINE NOMINEES LIMITED 5) Number of shares/amount of stock acquired. 2,000,000 6) ( 6.55 %) of issued Class 7) Number of shares/amount of stock disposed 8) ( N/A %) of issued Class 9) Class of security ORDINARY SHARES OF £0.01 10) Date of transaction 9 MAY 2002 11) Date company informed 10 MAY 2002 12) Total holding following this notification 6,273,770 13) Total percentage holding of issued class following this notification 20.54% 14) Any additional information THE ACQUISITION INCREASES TOTAL VOTING RIGHTS OF MR DESMOND OVER VOTING SHARES IN ISSUE FROM 25.3% TO 29.4%. THIS CONSISTS OF 12.9% OF TOTAL VOTING RIGHTS ARISING FROM BENEFICIAL OWNERSHIP OF 6,273,770 ORDINARY SHARES OF 1 PENCE AND 16.5% OF TOTAL VOTING RIGHTS ARISING FROM BENEFICIAL OWNERSHIP OF 8,000,000 CONVERTIBLE PREFERRED ORDINARY SHARES OF £1.00 15) Name of contact and telephone number for queries KEVIN WILSON 0161 819 5444 16) Name and signature of authorised company official responsible for making this notification ROBERT M. HOWAT Date of Notification ....21 MAY 2002.................... This information is provided by RNS The company news service from the London Stock Exchange