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Director Shareholding

24th May 2007 15:16

Global Energy Development PLC24 May 2007 For immediate release 24 May 2007 GLOBAL ENERGY DEVELOPMENT PLC (the "Company") DIRECTOR SHAREHOLDING The Company was notified on 24 May 2007 that on 23 May 2007 Mikel Faulkner, adirector of the Company, purchased 5,000 ordinary shares of 1p each in theCompany at 97p per share. Following this purchase, Mr Faulkner has a beneficial interest in 122,606ordinary shares of 1p each in the Company representing 0.35% of the issued sharecapital of the Company. For further information: Catherine Miles, Company Secretary +44 (0) 20 7763 7177 This information is provided by RNS The company news service from the London Stock Exchange

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