Change of Nomad

7 Nov 2008 15:38



Global Energy Development PLC 

( the "Company")

Change of Nominated Adviser

The Company confirms that, in accordance with AIM Rule 17, the Company's nominated adviser and broker is Teathers, a division of Straumur-Burdaras Investment Bank hf., of Berkeley Square House, Third Floor, Berkeley Square, London W1J 6BU.

For further information:

Global Energy Development PLC

Catherine Miles, Company Secretary +44 (0) 20 7763 7177

www.globalenergyplc.com

Teathers

Sebastian Jones +44 (0) 20 7426 9000