Company Statement

11 Aug 2006 14:45

Great Eastern Energy Corp Ltd11 August 2006 Great Eastern Energy Corporation Great Eastern Energy Corporation Ltd (the "Company") informs the market of theverdict of the Court in London yesterday against Prashant Modi, Joint ManagingDirector of the Company, which resulted in a six month suspended sentence forsexual assault. Mr Modi has taken leave of absence from his duties as agreedwith the Board, following which the Company will decide the further course ofaction. Contacts : Great Eastern Energy Corporation LtdPaul ZuckermanNon Executive Director0207 398 1600 Arden Partners plcRichard Day0207 398 1634 This information is provided by RNS The company news service from the London Stock Exchange