Issue of Equity

CELTIC PLC

Issued share capital

As a result of the conversion in September 2012 of 800 Convertible Preferred Ordinary Shares of 1p each ("CPO Shares) and 500 Cumulative Convertible Preference Shares of 60p each, Celtic plc's issued share capital as at 1 October 2012 is as follows:

90,408,968 Ordinary Shares of 1p each

13,971,137 Convertible Preferred Ordinary Shares of 100p each

16,781,612 Cumulative Convertible Preference Shares of 60p each

497,110,069 Deferred Shares of 1p each

Cumulative Convertible Preference Shares do not carry voting rights. Deferred Shares are not listed, are not transferable and carry no voting rights or substantive economic rights.

The above figures for Ordinary Shares and CPO Shares may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in voting rights under the FSA's Disclosure and Transparency Rules.

Application has been made for the 2,164 new Ordinary Shares of 1p each arising from these conversions to be listed with effect from 8 October 2012.

Enquiries:

Robert Howat, Company Secretary 0141 551 4298