Director Shareholding

GLOBAL ENERGY DEVELOPMENT PLC

(the "Company")

DIRECTOR SHAREHOLDING

Global Energy Development PLC, the Latin American focused petroleum production and development company (AIM: GED) with operations in Colombia, was notified on 26 November 2012 that on the same day, Stephen C. Voss, a director of the Company, purchased 25,000 ordinary shares of 1p each in the Company at 100 pence per share and that on 20 November 2012 Mr. Voss purchased 5,000 ordinary shares of 1p each at 96 pence per share.

Following these purchases, Mr. Voss has a beneficial interest in 210,568 ordinary shares of 1p each in the Company representing 0.58% of the issued share capital of the Company.

For further information please contact:

Global Energy Development PLC