Additional Listing

Fusion Oil & Gas PLC
18 November 2003

FUSION OIL, & GAS PLC ('Fusion')

10,00O partly paid shares in Fusion Oil & Gas NL ('FOG') paid up and converted 
into ordinary shares in Fusion.

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

The Directors of Fusion have received notice that a holder of partly paid shares
in FOG is paying up the balances of AUS$1,990.00 (approximately £830) due in
respect of 10,000 partly paid shares in FOG. Fusion is now obliged, as described
in the 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 24 November. The new ordinary shares will rank pari passu
with the existing ordinary shares in issue.

Enquiries:

Fusion Oil & Gas plc - Tel [phone] 

Dr Peter Dolan Chairman

Approved for release for and on behalf of Fusion Oil & Gas plc
    
Raymond G.Godson 
Company Secretary



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