May 03, 2000

OHIO & SOUTHWESTERN ENERGY CO (OSWE.OB)

Quarterly Report (SEC form 10QSB)

MANAGEMENTS DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
RESULTS OF OPERATIONS

RESULTS OF OPERATIONS

The Company has experienced expenses for the three month period of $5,467 in 2000 and $7,412 in 1999. The Company had no revenues for the period in 2000 or 1999. The Company had a net loss of ($5,467) for the period in 2000 and a net loss of ($7,412) in the same period 1999. The Company losses will continue until income can be achieved. While the company is seeking capital sources for investment; there is no assurance that sources can be found.

LIQUIDITY AND CAPITAL RESOURCES

The Company had no cash capital at the end of the period and no assets. The Company will be forced to either borrow or make private placements of stock in order to fund operations. No assurance exists as to the ability to achieve loans or make private placements of stock.