EPT Disclosure

20 Sep 2007 09:07

Landsbanki Securities UK20 September 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) LtdCompany dealt in Global Energy Development plcClass of relevant security to which the Ordinary 1pdealings being disclosed relate (Note 1) Date of dealing 19 September 2007 2. DEALINGS (Note 2) (a) Purchases and sales Total number of securities Highest price paid Lowest price paidpurchased (Note 3) (Note 3) 18,750 123.0p sterling 119p sterling Total number of securities Highest price received Lowest price receivedsold (Note 3) (Note 3) 1,500 124.0p sterling 124.0p sterling (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 20 September 2007Contact name Colin WoodsTelephone number 020 7426 7714Name of offeree/offeror with which connected Global Energy Development plcNature 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