Holding(s) in Company

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

The Company has today received a notification from Lloyds Banking Group plc stating that, following market trades made on 16th July 2012, the Lloyds Banking Group plc has an interest in and is the registered holder of 117,053,832 ordinary shares which represents 4.94% per cent* of the Company's issued ordinary share capital. Of this, 116,866,137 shares (representing 4.932%* of the Company's issued ordinary share capital) are under the control of Scottish Widows Investment Partnership Ltd.

* This percentage shareholding is based on a shares in issue figure of 2,369,605,049 ordinary shares.

Dublin: 17th July 2012