Additional Listing

Fusion Oil & Gas PLC
21 June 2001

FUSION OIL AND GAS PLC ('Fusion')

107,038 partly paid shares in Fusion Oil & Gas NL ('FOG') paid up and
converted into ordinary shares in Fusion

Application to the Alternative Investment Market of the London Stock Exchange
('AIM') for the admission of these additional ordinary shares

The Directors of Fusion have received notice that two partly paid shareholders
in FOG are paying up the balance due in respect of 107,038 partly paid shares
in FOG. Fusion is now obliged, as described in the AIM Admission document
dated 22 September 2000, to acquire the shares and to issue, as consideration,
fully paid ordinary shares in Fusion.

Application has been made to AIM for the listing of the additional ordinary
shares, expected on 28 June 2001.



ENQUIRIES:

Fusion Oil & Gas plc - Tel: [phone]

Dr Alan Stein, Managing Director

Dr Peter Dolan, Chairman



College Hill Associates - Tel: [phone]

James Henderson

Peter Brookes