Director Shareholding

GLOBAL ENERGY DEVELOPMENT PLC

(the "Company")

DIRECTOR SHAREHOLDING

Global Energy Development PLC, the Latin American focused petroleum production and development company (AIM: GED) with operations in Colombia, was notified on 19 November 2012 that on the same day, Stephen C. Voss, a director of the Company, purchased 25,000 ordinary shares of 1p each in the Company at 93 pence per share.

Following this purchase, Mr. Voss has a beneficial interest in 180,568 ordinary shares of 1p each in the Company representing 0.50% of the issued share capital of the Company.

For further information please contact:

Global Energy Development PLC