Director Shareholding

29 May 2007 10:52

Global Energy Development PLC29 May 2007 For immediate release 29 May 2007 GLOBAL ENERGY DEVELOPMENT PLC (the "Company") DIRECTOR SHAREHOLDING The Company was notified on 25 May 2007 that on 25 May 2007 Mikel Faulkner, adirector of the Company, purchased 2,394 ordinary shares of 1p each in theCompany at 96p per share. Following this purchase, Mr Faulkner has a beneficial interest in 125,000ordinary shares of 1p each in the Company representing 0.35% of the issued sharecapital of the Company. For further information: Catherine Miles, Company Secretary +44 (0) 20 7763 7177 This information is provided by RNS The company news service from the London Stock Exchange