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 03 December 2012 that on that same day, Stephen C. Voss, a director of the Company, purchased 12,500 ordinary shares of 1p each in the Company at 108 pence per share.

Following these purchases, Mr. Voss has a beneficial interest in 323,068 ordinary shares of 1p each in the Company representing 0.90% of the issued share capital of the Company.

For further information please contact:

Global Energy Development PLC