New Kit Supply Deal

Celtic PLC 21 September 2004 CELTIC PLC 21 September 2004 NEW KIT SUPPLY DEAL Celtic plc ('Celtic') announces that on the expiry of its current kit supply contract at the end of June 2005, a new agreement with NIKE will come into effect. The agreement, between Celtic's wholly owned subsidiary, Celtic F.C. Limited and NIKE European Operations Netherlands B.V. ('NIKE'), will commence on 1 July 2005 and is for a term of 5 years. In return for the grant by Celtic to NIKE of exclusive worldwide rights as official supplier of kit and certain ancillary products to Celtic Football Club, NIKE will pay royalties to Celtic on NIKE'S sales of Celtic branded products. A minimum royalty of £5 million is payable in each year of the agreement together with further bonus and royalty payments, depending on football success and sales, which Celtic believes are capable of being achieved given the worldwide status of NIKE, who are best suited to meet the global aspirations of Celtic. In financial terms the new contract is the largest commercial licensing transaction entered into by Celtic. END This information is provided by RNS The company news service from the London Stock Exchange