GED Global Energy

RNS Number:0301R
Global Energy Development PLC
08 September 2005



Immediate Release                                               8 September 2005

                         GLOBAL ENERGY DEVELOPMENT PLC

                               HOLDING IN COMPANY

Global Energy Development PLC (the "Company"), the Latin America focused 
petroleum exploration and production company, was today notified that Harken 
Energy Corporation, a Delaware corporation, has sold 700,000 ordinary shares of 
1 pence each in the Company and now holds 20,725,142 ordinary shares, 
representing 58.99% of the Company's issued share capital.

For further information:

Global Energy Development PLC
Catherine Miles, director of Investor Relations        +44 (0) 20 7763 7177
www.globalenergyplc.com                                +44 (0) 7909918034










                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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