Offer Document Posted

Sterling Energy PLC
02 October 2003


For immediate release 2 October 2003


This announcement is not for release, publication or distribution in, into or
from the United States, Canada, Australia or Japan


                                     Offer
                                       by
                            Evolution Beeson Gregory
                                  on behalf of
                              Sterling Energy plc
                                      for
                              Fusion Oil & Gas plc


Following the announcement made on 25 September of an offer to be made by
Evolution Beeson Gregory Limited on behalf of Sterling for the whole of the
issued and to be issued share capital of Fusion Oil & Gas plc not already owned
by Sterling, the Board of Sterling announces that the Offer Document and Form of
Acceptance relating to the Offer was posted to Fusion Shareholders yesterday.

As set out in the Offer Document, Forms of Acceptance should be received no
later than 3.00pm on 22 October 2003.

Evolution Beeson Gregory, which is regulated in the UK by the Financial Services
Authority, is acting exclusively for Sterling and no one else in connection with
the Offer and will not be responsible to anyone other than Sterling for
providing the protections afforded to customers of Evolution Beeson Gregory or
for providing advice in relation to the Offer.

The release, publication or distribution of this announcement in certain
jurisdictions may be restricted by law and therefore persons in such
jurisdictions into which this announcement is released, published or distributed
should inform themselves about and observe such restrictions.

Terms used in this announcement have the same meaning as those defined in the
Offer Document.


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