Appointment of Stockbroker

Fusion Oil & Gas PLC
22 August 2003



                              Fusion Oil & Gas plc
                               (or 'the Company')

                         Appointment of Stockbroker



Fusion Oil & Gas plc announces that it has today appointed Canaccord Capital as
Nominated Advisor and stockbroker to the Company with immediate effect.


22 August 2003



ENQUIRIES:

College Hill                                          Tel:  [phone]
James Henderson




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