Celtic PLC - Holding in Company

RNS No 8047b
CELTIC PLC
28 October 1999


NOTIFICATIONS UNDER SECTIONS 198 TO 202 -- UK COMPANIES ACT

1. Company in which shares are held:    Celtic Plc

2. Notifiable Interest:                 Ordinary Shares

          Fidelity International Limited (FIL)
          P.O. Box HM 670
          Hamilton HMCX, Bermuda

          Parent holding company for various direct and indirect subsidiaries,
          including Fidelity Investment Services Ltd. (FISL) and Fidelity
          Pension Management (FPM), investment managers for various non-US
          investment companies and institutional clients. (See Schedule A for
          listing of Registered Shareholders and their holdings.)

3. The notifiable interests also comprise the notifiable interest of :

          Mr Edward C Johnson 3d
          82 Devonshire Street
          Boston, MA 02109

     Principal shareholder of Fidelity International Limited.

4. The notifiable interests include interest held on behalf of authorized unit
   trust schemes in the U.K. notwithstanding the exemption from reporting
   pursuant to Section 209 (1) (e) of the Companies Act 1985.

5. These notifications of disclosable interests constitute separate
   notifications of interest in the shares and are combined solely for the
   purposes of clarity. Nothing herein should be taken to indicate that 
   Fidelity International Limited and its direct and indirect subsidiaries or Mr
   Edward C Johnson 3d act as a group or in concert in respect of the disclosed
   interests, or that they are required to submit these notifications on a joint
   basis.

6. The disclosable interests arise under section 208(4) (b) of the Act, namely
   where a person, not being the registered holder, is entitled to exercise a
   right conferred by the holding of the shares or to control the exercise of
   such rights, or under section 203 of the Act respectively.


SCHEDULE A 
                                                     
SECURITY:  Celtic Plc

                               SHARES   MANAGEMENT
                                HELD     COMPANY   NOMINEE/REGISTERED NAME
(Ordinary Shares)
                 
                              1,046,154    FISL   Clydesdale Bank (Head 
                                                  Office) Nominees
                                 81,736    FIL    Clydesdale Bank (Head
                                                  Office) Nominees
Total Ordinary Shares         1,127,890


Current ownership percentage:      3.89%


Shares in issue:             29,000,000


END

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