Appointment of Joint Corporate Broker

Great Eastern Energy Corporation Ltd.

Appointment of Joint Corporate Broker

21 January 2011

Great Eastern Energy Corporation Limited (LSE:GEEC) announces that Goldman Sachs International has been appointed with immediate effect as joint corporate broker alongside its existing corporate broker, Arden Partners plc.

For further information:

Great Eastern EnergyYogendra Kr. Modi Chairman & CEO +44 (0)20 73371516

Prashant Modi President & COO

Arden Partners plc +44 (0)20 7614 5918

Richard Day

Adrian Trimmings

Goldman Sachs InternationalJulian Metherell +44 (0) 20 7774 1000

James Anderson

Pelham Bell Pottinger +44 (0)20 7861 3800

Philip Dennis

Elena Dobson