Statement re. Press Comment

Sterling Energy PLC
12 September 2003


                        Sterling Energy PLC ('Sterling')


                           Statement re Press Comment



The Board of Sterling has noted today's press comment speculating on the
possibility of an offer being made for Fusion Oil & Gas PLC ('Fusion').


The Board of Sterling confirms that it has made an approach to the Board of
Fusion, which may or may not lead to an offer from Sterling for the entire
issued share capital of Fusion.


A further announcement will be made in due course.



12 September 2003






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