Result of EGM

4 January 2013

Great Eastern Energy Corporation Limited

("Great Eastern" or the "Company")

Result of EGM

Great Eastern Energy Corporation Limited (LSE: GEEC), the fully integrated, leading Indian Coal Bed Methane (CBM) company is pleased to announce that, further to the announcement on 17 December 2012, all the resolutions proposed at its Extraordinary General Meeting held on 4 January 2013 were duly approved by the shareholders.

For Further Information please contact:

Great Eastern Energy

Yogendra Kr. Modi Chairman & CEO +44 (0)20 7337 1516

Prashant Modi President & COO

Arden Partners

Richard Day +44 (0)20 7614 5917

Goldman Sachs International

James Anderson +44 (0)20 7774 1000

M: Communications

Ann-marie Wilkinson +44 (0)20 7920 2330

Andrew Benbow