Director/PDMR Shareholding

15 Jan 2009 07:00



Global Petroleum Limited (the "Company")

Interest in shares

Global Petroleum has today announced on the ASX that 250,000 ordinary shares have been acquired by Peter Taylor on market at an average price of A$0.1247 (approximately 5.8p). The notices also clarify the holdings of Messrs Taylor and Blakey as a result of the notification by Mr Blakey on 20 May 2008 in regard to a change of holding from an indirect interest to a direct interest. Messrs Taylor and Blakey's overall interests in the fully issued ordinary shares of Global Petroleum Limited are 29,817,771 (17.1 per cent.) and 29,567,771 (16.9 per cent.) respectively.

For more information please contact:

Global Petroleum Limited Tel:  + 61 8 9322 6322

Shane Cranswick Email:  global.info@globalpetroleum.com.au

Blue Oar Securities Plc (Nominated Adviser and Broker)

William Vandyk/Jerry Keen Tel:  +44 20 7448 4400