Shareholder Letter

Dublin

18 February 2015

Petroceltic International Plc

("Petroceltic" or the "Company")

Shareholder Documentation

Pursuant to Rule 20 of the AIM Rules and ESM Rules, Petroceltic hereby notifies that a letter regarding voting instructions for the forthcoming EGM has been mailed to shareholders. A copy of the letter is available on the Company's website, www.petroceltic.com, and is also available by clicking on the following hyperlink:

ENDS

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 (20) 3772 2500

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

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

Notes to Editors:

Petroceltic International plc is a leading Upstream Oil and Gas Exploration and Production Company, focused on North Africa, Mediterranean and 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.