NAUT.L Regulatory News (NAUT)

4 Jun 2008 15:00



Global Energy Development PLC 

(the "Company")

Notifiable Interest

A Form TR-1 containing the following information has been received by the Company. 

TR-1: Notification of Major Interests in Shares 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: 

Global Energy Development PLC

2. Reason for the notification: 

An acquisition or disposal of voting rights

3. Full name of person(s) subject to the notification obligation: 

 FIL Limited (FIL)

4. Full name of shareholder(s) (if different from 3): 

5. Date of the transaction (and date on which the threshold is crossed or reached if different): 

30 May 2008

6. Date on which issuer notified: 

3 June 2008

7. Threshold(s) that is/are crossed or reached: 

11%

 8. Notified details: 

A: Voting rights attached to shares

B: Financial Instruments

Total (A+B)

  9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: 

FIL Limited (FIL) is the parent holding company for various direct and indirect subsidiaries, including Fidelity Fund Management Limited (FFML), Fidelity Investment Services Ltd (FISL), Fidelity Gestion (FIGEST), Fidelity Investments Advisory (Korea) Limited (FIAKL), Fidelity Investments Management (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 institutional clients.

10. Name of the proxy holder: 

FIL Limited (FIL)

11. Number of voting rights proxy holder will cease to hold: 

60,000 shares

12. Date on which proxy holder will cease to hold voting rights: 

30 May 2008

13. Additional information: 

-

14. Contact name:

David Merryweather

15. Contact:

fil-regulatoryreporting@uk.fid-intl.com