RNS Number:1420R
Fidelity International Ltd
12 September 2005



                                                                    FORM SAR 3


                        DISCLOSURE OF ACQUISITIONS
     (Rule 3 of The Rules Governing Substantial Acquisitions of Shares)


Name of acquirer                        FMR CORP. AND/OR ONE OR MORE OF ITS 
                                          DIRECT OR INDIRECT SUBSIDIARIES
                                                        AND
                                    FIDELITY INTERNATIONAL LIMITED AND/OR ONE OR 
                                    MORE OF ITS DIRECT AND INDIRECT SUBSIDIARIES


Beneficial owner, if different from above          N/A


Names of any other persons acting by agreement     N/A
or understanding (see SAR 5)

Company dealt in                                   GLOBAL ENERGY DEVELOPMENT PLC

Class of voting shares (eg ordinary shares)        ORDINARY SHARES

Date of acquisition                                09 SEPTEMBER 2005



Number of shares acquired                          1,748,561

Number of rights over shares acquired #            N/A

Nature of rights over shares                       N/A




Total holding of voting shares (and percentage of  5,243,817 (15.00%)
total voting shares in issue)

Total holding of rights over shares (and           N/A
percentage of total voting shares in issue)

Combined total holding (and percentage) of         N/A
voting shares and rights over shares



Date of disclosure                                 12 SEPTEMBER 2005

Contact name                                       SHAUN JACKSON

Telephone number                                   01737 837 092


#     See the definition of  "rights over shares" in the Definitions Section 
      of the SARs.

For details of the SARs disclosure requirements, see SARs 3 and 5 and their 
Notes which can be viewed on the Takeover Panel's website at 
www.thetakeoverpanel.org.uk.





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

END

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