Posting of Annual Report and Accounts

GLOBAL ENERGY DEVELOPMENT PLC

(the "Company")

POSTING OF ANNUAL REPORT AND ACCOUNTS

Global Energy Development PLC, the Latin America focused petroleum exploration and production company (LSE-AIM: "GED"), announces that it has today posted its Annual Report and Accounts for the year ended 31 December 2010, along with the Notice of Annual General Meeting to be held on 28 June 2011, to shareholders. These documents are available to view on the Company's website, www.globalenergyplc.com, and copies are available at the Company's registered office: 3 More London Riverside, London SE1 2AQ.

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Global Energy Development PLC

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