Notice of Capital Markets Day

Petroceltic International plc

Notice of Capital Markets Day

Further to the announcement on 1 December 2014, Petroceltic International plc ("Petroceltic" or the "Company") is pleased to announce that it will host a capital markets day presentation on Wednesday 28 January 2015 starting at 9.30 a.m..

The event will include a presentation from senior managers of Petroceltic and will be held at The Lincoln Centre, 18 Lincoln's Inn Fields, London, WC2A 3ED.

Materials from the day will be available on the Company's website at www.petroceltic.com. No new trading information will be released.

Please contact Pelham Bell Pottinger at [email protected] for more information or to register attendance.

For further information, please contact:

Brian O' Cathain/Tom Hickey, Petroceltic International Tel: +353 (1) 421 8300

Philip Dennis/Rollo Crichton-Stuart, Bell Pottinger Tel: +44 (203) 772 2500

Joe Heron/Douglas Keatinge, Murray Consultants Tel: +353 (1) 498 0300

John Frain/Roland French, Davy (Nomad and ESM Adviser) Tel: +353 (1) 679 6363

Notes to Editors:

Petroceltic International plc is a leading independent oil and gas exploration development and production company focused on the Middle East North Africa ("MENA"), the Mediterranean and the Black Sea regions and listed on the London Stock Exchange's AIM Market and the Irish Stock Exchange's ESM Market. The Company has production, exploration and development assets in Algeria, Egypt, Bulgaria, Romania, the Kurdistan Region of Iraq, Italy and Greece.