NAUT.L Regulatory News (NAUT)

28 Sep 2006 07:01

Global Energy Development PLC28 September 2006 For Immediate Release 28 September 2006 GLOBAL ENERGY DEVELOPMENT PLC HOLDING IN COMPANY Global Energy Development PLC (the "Company"), the Latin America focusedpetroleum exploration and production company (LSE-AIM: "GED"), was notified on27 September 2006 that Fidelity International Limited ("FIL") and its direct andindirect subsidiaries, being non-beneficial holders, have an interest in4,958,366 ordinary shares of 1 pence each of the Company, representing 14.04% ofthe Company's issued share capital, following purchases of the Company'sordinary shares of 1 pence each. For further information: Global Energy Development PLC Catherine Miles, director of Investor Relations +44 (0) 20 7763 7177www.globalenergyplc.com +44 (0) 7909918034 The notifiable interests also comprise the notifiable interest of Mr. Edward C.Johnson 3d, 82 Devonshire Street, Boston, MA 02109, a principal shareholder ofFMR Corp. and Fidelity International Limited. The notifiable interests include interest held on behalf of authorized unittrust schemes in the U.K., notwithstanding the exemption from reporting pursuantto Section 209 (1) (h) of the Companies Act 1985. These notifications of disclosable interests constitute separate notificationsof interest in the shares and are combined solely for the purposes of clarityand efficiency. Nothing herein should be taken to indicate that FMR Corp. andits direct and indirect subsidiaries, Fidelity International Limited and itsdirect and indirect subsidiaries or Mr. Edward C. Johnson 3d act as a group orin concert in respect of the disclosed interests, or that they are required tosubmit these notifications on a joint basis. This shareholding is registered as follows: Shares Held Management Company Nominee / Registered Name 404,400 Fidelity Pension Management JP Morgan, Bournemouth295,371 Fidelity Pension Management State Str Bk and Tr Co London (S281,800 Fidelity Pension Management Northern Trust London120,100 Fidelity Pension Management HSBC Bank PLC7,000 Fidelity Pension Management Bank of New York Brussels3,435,357 Fidelity Investment Services Ltd. JP Morgan, Bournemouth147,152 Fidelity International Limited JP Morgan, Bournemouth186,986 Fidelity Investments International JP Morgan, Bournemouth80,200 Fidelity Investments International Bank of New York Europe Ldn This information is provided by RNS The company news service from the London Stock Exchange