<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE AUDITED FINANCIAL STATEMENTS OF ENVIRONMENTAL REMEDIATION HOLDING CORPORATION FOR SEPTEMBER 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. </LEGEND> <CIK> 0000799235 <NAME> Environmental Remediation Holding Corporation <MULTIPLIER> 1 <CURRENCY> U.S. Dollars <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> SEP-30-1998 <PERIOD-START> OCT-01-1997 <PERIOD-END> SEP-30-1998 <EXCHANGE-RATE> 1 <CASH> 35,185 <SECURITIES> 0 <RECEIVABLES> 193,736 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 476,784 <PP&E> 7,703,414 <DEPRECIATION> (1,025,314) <TOTAL-ASSETS> 11,716,460 <CURRENT-LIABILITIES> 5,125,341 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 2,600 <OTHER-SE> (2,498,273) <TOTAL-LIABILITY-AND-EQUITY> 11,716,460 <SALES> 213,186 <TOTAL-REVENUES> 247,060 <CGS> 0 <TOTAL-COSTS> 11,590,848 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,474,633 <INCOME-PRETAX> (11,343,788) <INCOME-TAX> 0 <INCOME-CONTINUING> (11,343,788) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (11,343,788) <EPS-PRIMARY> (0.47) <EPS-DILUTED> (0.47)