Further re Director Shrhldg

Fusion Oil & Gas PLC
8 December 2003



FUSION OIL & GAS PLC ('Fusion')

Offer by Sterling Energy Plc

Further to the Company's announcement with the heading 'Directors Shareholding' 
released on 8 December 2003, the Company confirms the up to date details of its 
relevant securities that are required to be disclosed in accordance with 
Rule 2.10 of the City Code on Takeovers and Mergers is as follows:

Share Class:               Ordinary Shares 1p each 
Number of Shares:          102,632,641 
ISIN Reference:            GB0009769638


Enquiries:

Fusion Oil & Gas plc - Tel [phone] 
Dr Peter Dolan Chairman



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