Petroceltic Resources : Holding in Company 3694V

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:

MANAGEMENT RESOURCE SOLUTIONS PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the
notification obligation:

PERSHING NOMINEES

4. Full name of shareholder(s)(if different from 3.):

SCOPN Pty Ltd and Paul Morffew

5. Date of the transaction and date on
which the threshold is crossed or
reached:

27/1/2017

6. Date on which issuer notified:

27/1/2017

7. Threshold(s) that is/are crossed or
reached:

5,6,7,8,9,10%