GED Global Energy

RNS Number:2599T
Global Energy Development PLC
27 October 2005



Immediate Release                                                27 October 2005

                         GLOBAL ENERGY DEVELOPMENT PLC

                               HOLDING IN COMPANY


Global Energy Development PLC (the "Company") was today notified that Harken
Energy Corporation, a Delaware corporation, holds 11,892,922 ordinary shares of
1 pence each in the Company, representing 33.78% 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

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