<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the financial statements of Environmental Remediation Holding Corporation for March 31, 1998 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000799235 <NAME> ENVIRONMENTAL REMEDIATION HOLDING CORP. <MULTIPLIER> 1 <CURRENCY> U.S. DOLLARS <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> SEP-30-1997 <PERIOD-START> OCT-01-1997 <PERIOD-END> MAR-31-1998 <EXCHANGE-RATE> 1.000 <CASH> (34,848) <SECURITIES> 0 <RECEIVABLES> 844,386 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 7,824,177 <DEPRECIATION> 767,548 <TOTAL-ASSETS> 9,874,767 <CURRENT-LIABILITIES> 2,891,261 <BONDS> 3,877,477 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,393 <OTHER-SE> 3,103,666 <TOTAL-LIABILITY-AND-EQUITY> 9,874,767 <SALES> 502,827 <TOTAL-REVENUES> 502,827 <CGS> 0 <TOTAL-COSTS> 3,632,699 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 120,221 <INCOME-PRETAX> (3,129,872) <INCOME-TAX> 0 <INCOME-CONTINUING> (3,129,872) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (3,129,872) <EPS-PRIMARY> (0.13) <EPS-DILUTED> (0.13)