Holding(s) in Company

Fusion Oil & Gas PLC
26 September 2003


                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY
     FUSION OIL & GAS PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
     WESTMOUNT ENERGY LIMITED


3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18
     NOT DISCLOSED


4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.
     NOT DISCLOSED


5)   Number of shares/amount of stock acquired.
     N/A


6)   Percentage of issued Class
     N/A

7)   Number of shares/amount of stock disposed
     20,000,000

8)   Percentage of issued Class
     20.4%

9)   Class of security
     ORDINARY SHARES


10)  Date of transaction
     NOT DISCLOSED


11)  Date company informed
     10 SEPTEMBER 2003


12)  Total holding following this notification
     NIL

               
13)  Total percentage holding of issued class following this notification
     0%


14)  Any additional information



15)  Name of contact and telephone number for queries
     R.G. GODSON 020 7495 5916


16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification
     26 SEPTEMBER 2003


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