Holding(s) in Company

Petroceltic International plc ('Petroceltic' or the 'Company')

The Company received on the 7th of October 2014 a notification from Worldview EHS International Master Fund, Worldview Special Situations Fund and Worldview Special Opportunities Master Fund and Worldview International Management Limited, stating that together they have an interest in 54,975,449 ordinary shares of the Company which represents 25.72 per cent* of the Company's issued ordinary share capital.

* This percentage shareholding is based on a shares in issue figure of ordinary shares 213,718,250

Dublin: 7th of October