Capital Markets Day

PETROCELTIC INTERNATIONAL PLC

Capital Markets Day

Petroceltic International plc ("Petroceltic") announces that it is hosting a Capital Markets Day presentation today for a group of sell-side analysts and institutional investors in London.

The event will include a series of presentations from senior Petroceltic management on our activities in Algeria, the Kurdistan Region of Iraq and Italy. In particular the presentations will include an overview of the Isarene asset in Algeria including Petroceltic's current internal views of resource potential and possible development approaches in advance of the completion of the current appraisal drilling programme and planned submission of the Final Discovery Report in early 2012.

The presentations will be available to download from our website (www.petroceltic.ie) from 10am today.

No material new trading information will be released during the event.