LEPCO plc 8 March 2002 LEPCO plc ('LEPCO' or the 'Company') Acquisition of producing interests and issue of new shares Further to the announcement on 28 February 2002, the Board of LEPCO is pleased to announce the completion of the acquisition of Westmount Resources Inc ('WRI')and the admission to trading on the Alternative Investment Market of 6.5 million LEPCO ordinary shares of 1p each, being the consideration shares received by the vendors of WRI, Westmount Energy Limited ('Westmount'). Westmount now has an interest in LEPCO representing 14.27% of the issued share capital of the Company. 8 March 2002 This information is provided by RNS The company news service from the London Stock Exchange.

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Harry Wilson, Chief Executive
Sterling Energy plc: 01582 462 121
Graeme Thomson, Finance Director
Sterling Energy plc: 01582 462 121
Allan Piper, First City Financial Public Relations: 020 7436 7486
Chris Callaway, Evolution Beeson Gregory: 020 7071 4309

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