Director's Dealing



11 November 2010

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 yesterday purchased, through YKM Holdings International Ltd., 100,000 GDRs at 385p each in the Company (each representing 0.5 underlying Ordinary Shares of INR 10 each).

Following this purchase, Mr. Yogendra Kr. Modi and Mr. Prashant Modi, have a beneficial family interest of 70,403,040 GDRs in the Company, representing approximately 60.63% of the total issued share capital of the Company.

For further information:

Great Eastern Energy +44 (0)20 73371516

YK Modi - Chairman & CEO

Prashant Modi - President & COO

Arden Partners plc +44 (0)20 7614 5918

Richard Day

Adrian Trimmings

RBC Capital Markets +44 (0)20 7653 4000

Martin Eales

Brett Jacobs

Pelham Bell Pottinger +44 (0)20 7861 3800

Philip Dennis

Elena Dobson