Director/PDMR Shareholding

5 April 2013

Great Eastern Energy Corporation Limited

("Great Eastern" or "the Company")

Director's Dealing

The Company announces that Mr. Yogendra Kr. Modi, Chairman & CEO and Mr. Prashant Modi, President & COO of Great Eastern on 4 April 2013 purchased, through YKM Holdings International Ltd., 25,000 GDRs at 270p each in the Company (each representing 0.5 underlying Ordinary share of INR 10 each).

Following this purchase, Mr. Yogendra Kr. Modi and Mr. Prashant Modi, have a beneficial family interest of 70,668,684 GDRs in the Company, representing approximately 59.32% of the total issued share capital of the Company.

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