NAUT.L Regulatory News (NAUT)

27 Sep 2007 16:18

Global Energy Development PLC27 September 2007 For Immediate Release 27 September 2007 Global Energy Development PLC (the "Company") Notifiable Interest A Form TR-1 containing the following information has been received by theCompany. TR-1: Notification of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: Global Energy Development PLC 2. Reason for the notification: An event changing the breakdown of voting rights 3. Full name of person(s) subject to the notification obligation: Fidelity International Limited (FIL) 4. Full name of shareholder(s) (if different from 3): Shares Held Nominee Management Company 415,684 JP Morgan, Bournemouth Fidelity Investments International134,652 JP Morgan, Bournemouth Fidelity International Limited3,472,787 JP Morgan, Bournemouth Fidelity Investment Services Ltd55,700 JP Morgan, Bournemouth Fidelity Pension Management267,900 Northern Trust London Fidelity Pension Management83,900 State Str Bk and Tr Co Fidelity Pension Management London (S 5. Date of the transaction (and date on which the threshold is crossed orreached if different): 24 September 2007 6. Date on which issuer notified: 26 September 2007 7. Threshold(s) that is/are crossed or reached: 13% 8. Notified details: A: Voting rights attached to sharesClass/type of Situation previous to Resulting situation after the triggering transactionshares the Triggering transactionIf possible usingISIN CODE Number of Number of Number of Number of voting rights % of voting rights Shares Voting shares Rights Direct Direct Indirect Direct Indirect 1p Ordinary Shares 4,623,923 4,623,923 4,430,623 12.54% GB0031461949 B: Financial InstrumentsResulting situation after the triggering transaction Type of financial Expiration date Exercise/ Number of voting % of voting rightsinstrument Conversion Period/ rights that may be Date acquired if the instrument is exercised/ converted Total (A+B)Number of voting rights % of voting rights 4,430,623 12.54% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: Fidelity International Limited (FIL) is the parent holding company for variousdirect and indirect subsidiaries, including Fidelity Fund Management Limited(FFML), Fidelity Investment Services Ltd (FISL), Fidelity Gestion (FIGEST),Fidelity Investments Advisory (Korea) Limited (FIAKL), Fidelity InvestmentsManagement (Hong Kong) Limited (FIMHK), Fidelity Pension Management (FPM),Fidelity Investments Japan (FIJ) and Fidelity Investments International (FII),investment managers for various non-US investment companies and institutionalclients. 10. Name of the Proxy holder: Fidelity International Limited (FIL) 11. Number of voting rights proxy holder will cease / acquire to hold: 193,300 12. Date on which proxy holder will cease / acquire to hold voting rights: 24 September 2007 13. Additional information: Filing due to shares transitioned following termination of account 14. Contact name: David Merryweather 15. Contact: fil-regulatoryreporting@uk.fid-intl.com This information is provided by RNS The company news service from the London Stock Exchange