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 29 November 2012 that on that same day, Stephen C. Voss, a director of the Company, purchased 25,000 ordinary shares of 1p each in the Company at 105 pence per share.

Following these purchases, Mr. Voss has a beneficial interest in 310,568 ordinary shares of 1p each in the Company representing 0.86% of the issued share capital of the Company.

For further information please contact:

Global Energy Development PLC