Director's Disclosure

 16 January 2015

Great Eastern Energy Corporation Limited

("Great Eastern" or "the Company")

Director's Disclosure

Great Eastern Energy Corporation Limited (LSE: GEEC), the fully integrated gas production, development and exploration company, announces that further to the announcement on 13 January 2015 detailing the appointment of Mr S. Sundareshan as a non-executive director, there is no additional information required to be disclosed pursuant to Listing Rule 9.6.13 regarding such appointment.

About the Company

The Company is a fully integrated gas production, development and exploration company in India, providing gas to the growing industrial region of West Bengal, where there is a structural shortage of gas. Gas is being produced (Coal-Bed Methane gas) from the Raniganj (South) licence area, which covers 210 sq. km, with 2.44 TCF of Gas-in-Place.

The Company's second asset is the Mannargudi license situated in the state of Tamil Nadu in India, which covers an area of 667 sq. km and 0.98 TCF Gas-in-Place.

In the six months to 30th September 2014, the Company increased its turnover by 21% to US$19.45m, EBITDA by 14% to US$12.97m and cash generation by 23% to US$10.77m.

For further information please visit www.geecl.com

For further information please contact: