EPT Disclosure

21 Nov 2007 09:52

Landsbanki Securities UK21 November 2007 FORM 38.5(a) DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY (Rule 38.5(a) of the Takeover Code) 1. KEY INFORMATION Name of exempt principal trader Landsbanki Securities (UK) Limited Company dealt in Global Energy Development plc Class of relevant security to which the Ordinary 1pdealings being disclosed relate (Note 1) Date of dealing 20 November 2007 2. DEALINGS (Note 2) (a) Purchases and sales Total number of securities Highest price paid Lowest price paidpurchased (Note 3) (Note 3) 701 106.5p Sterling 106.5p Sterling Total number of securities Highest price received Lowest price receivedsold (Note 3) (Note 3) (b) Derivatives transactions (other than options) Product name, Long/short Number of securities Price per unite.g. CFD (Note 4) (Note 5) (Note 3) (c) Options transactions in respect of existing securities (i) Writing, selling, purchasing or varying Product Writing, Number of Exercise Type, e.g. Expiry Optionname,e.g selling, securities to price American, date moneypaid/call purchasing, which the European etc. receivedoption varying etc option per unit relates (Note (Note 3) 5) (ii) Exercising Product name, e.g. Number of securities Exercise price per unitcall option (Note 3) 3. OTHER INFORMATION Agreements, arrangements or understandings relating to options or derivatives Full details of any agreement, arrangement or understanding between the persondisclosing and any other person relating to the voting rights of any relevantsecurities under any option referred to on this form or relating to the votingrights or future acquisition or disposal of any relevant securities to which anyderivative referred to on this form is referenced. If none, this should bestated. .............................................................................. ..............................................................................Date of disclosure 21 November 2007 Contact name Colin Woods Telephone number 020 7426 7714 Name of offeree/offeror with which connected Global Energy Development plc Nature of connection (Note 6) Nominated Adviser & Corporate Broker Notes The Notes on Form 38.5(a) can be viewed on the Takeover Panel's website atwww.thetakeoverpanel.org.uk This information is provided by RNS The company news service from the London Stock Exchange