Share re-org / Director Hldng

Westmount Energy Limited
22 May 2006

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                             WESTMOUNT ENERGY LIMITED

                  COMPLETION OF SHARE CAPITAL RE-ORGANISATION

                        CHANGE IN DIRECTOR'S SHAREHOLDING

The Chairman, Mr Derek G. Williams, of Westmount Energy Limited ('the Company')
was pleased to announce today, that the Share Capital Re-organisation of the
Company, approved at the Extraordinary General Meeting held on 22 December 2005
has been fully implemented.

Capital of the equivalent of 50p per 10p Ordinary Share totalling approximately
£7,500,000 has been returned to shareholders and shareholders have also received
one Consolidated Ordinary Share of 20p for every two Ordinary Shares of 10p
held.

The total sum of £5,836,679 was returned to shareholders on 31 January 2006 and
the balance of £1,670,001.50 was returned on 1 May 2006 to those shareholders
electing for a later repayment date.

There are now 7,506,680 20p Ordinary Shares in issue traded on AIM held by
approximately 1,500 shareholders. There are also Share Options outstanding over
750,000 20p Ordinary Shares, exercisable at a subscription price of 103.5p per
share, over various periods expiring 31 December 2012.

The shareholdings of the Directors of the Company and their outstanding Share
Options are now as follows:

                             -----------           -----------        ----------
                           Number of 20p              % of 20p        Number of
                         Ordinary Shares       Ordinary Shares     Share Options
                                                      in Issue
                             -----------           -----------        ----------

Derek G. Williams           *1,005,939                 13.40           150,000
Peter J. Richardson            139,988                  1.86           150,000
Marc S.D. Yates                139,988                  1.86           150,000
Paul R. Anderson                     -                     -           150,000
                             -----------           -----------        ----------
                             1,285,915                 17.12           600,000
                             -----------           -----------        ----------

* Following the sale of 162,500 ordinary shares to a family trust on 19 May 2006
  at 137p per share this number now includes 750,939 shares held non-beneficially.

Note for Editors:

Westmount Energy Limited ('Westmount') is a Jersey based AIM quoted Energy
Investment Company. Its present investments include, 30,000,000 shares of AIM
quoted Sterling Energy plc, 5,500,000 shares of AIM quoted Desire Petroleum plc,
a £500,000 convertible loan of AIM quoted CDS Oil & Gas Group plc and 244,000
shares of presently unquoted Eclipse Energy Company Limited. Westmount has no
borrowings.


Contacts:

Paul R. Anderson,
Westmount Energy Limited Tel: [phone]

Gavin J. Burnell,
Ruegg & Co. Limited Tel: [phone]


ENDS


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