Director's Dealing

February 22, 2010

Great Eastern Energy Corporation Limited

("the Company" or "Great Eastern") Director's Dealing

The Company announces that Paul Zuckerman, Non-Executive Director of Great Eastern sold the following GDRs (each representing 0.5 underlying Ordinary Shares of INR 10 each) in Great Eastern at 460 pence per GDR:

2,733 GDRs on 10th February 2010; and 90,000 GDRs on 17th February 2010. Following these sales, Mr Zuckerman has a beneficial interest in 92,733 GDRs in the Company, representing approximately 0.08% of the total issued share capital. For further information: Great Eastern Energy Corporation YK Modi, Chairman & Managing Director +44 (0)20 7337 1516 Prashant Modi, President & COO

Arden Partners plc Richard Day +44 (0)20 7614 5900 Adrian Trimmings Pelham Bell Pottinger Philip Dennis +44 (0)20 7337 1516 Elena Dobson +44 (0)20 7337 1517