Appointment of Joint Broker

27 February 2013

Great Eastern Energy Corporation Limited

("Great Eastern" or the "Company")

Appointment of Joint Broker

Great Eastern Energy Corporation Limited (LSE: GEEC), the fully integrated, leading Indian Coal Bed Methane (CBM) company is pleased to announce that Macquarie Capital (Europe) Limited has been appointed as joint corporate broker effective from March 1, 2013, alongwith its existing corporate brokers, Goldman Sachs International and Arden Partners plc.

For Further Information please contact:

Great Eastern Energy

Yogendra Kr. Modi Chairman & CEO +44 (0)20 7337 1516

Prashant Modi President & COO

Goldman Sachs International

James Anderson +44 (0)20 7774 1000

Arden Partners

Richard Day +44 (0)20 7614 5917

Macquarie Capital (Europe) Limited

Steve Baldwin +44 (0)20 3037 2362

M: Communications

Ann-marie Wilkinson +44 (0)20 7920 2330

Andrew Benbow