RNS No 5040j
GAELIC RESOURCES PLC
22nd March 1999


Brochure of Particulars

Gaelic Resources Plc announces that it has today applied to the Irish Stock
Exchange for 44,000,000 new Ordinary Shares of IR1p each in the Capital of the
Company to be admitted to dealings on the exploration Securities Market.

These shares have been allotted pursuant to a placing.

END

MSCBLGBXSDDCCCD


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