GED Global Energy

RNS Number:6603E
Global Energy Development PLC
27 September 2007


For Immediate Release                                          27 September 2007


                         Global Energy Development PLC
                                (the "Company")

                              Notifiable Interest


A Form TR-1 containing the following information has been received by the
Company.

TR-1:  Notification of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached:

Global Energy Development PLC

2. Reason for the notification:

An event changing the breakdown of voting rights

3. Full name of person(s) subject to the notification obligation:

Fidelity International Limited (FIL)

4. Full name of shareholder(s) (if different from 3):

Shares Held     Nominee                    Management Company

415,684         JP Morgan, Bournemouth     Fidelity Investments International
134,652         JP Morgan, Bournemouth     Fidelity International Limited
3,472,787       JP Morgan, Bournemouth     Fidelity Investment Services Ltd
55,700          JP Morgan, Bournemouth     Fidelity Pension Management
267,900         Northern Trust London      Fidelity Pension Management
83,900          State Str Bk and Tr Co     Fidelity Pension Management
                London (S


5. Date of the transaction (and date on which the threshold is crossed or
reached if different):

24 September 2007

6. Date on which issuer notified:

26 September 2007

7. Threshold(s) that is/are crossed or reached:

13%

8. Notified details:

A: Voting rights attached to shares
Class/type of      Situation previous to Resulting situation after the triggering transaction
shares             the Triggering
                   transaction
If possible using
ISIN CODE
                   Number of  Number of  Number of   Number of voting rights % of voting rights
                   Shares     Voting     shares
                              Rights

                                         Direct      Direct     Indirect     Direct     Indirect


1p Ordinary Shares 4,623,923  4,623,923                         4,430,623               12.54%

GB0031461949

B: Financial Instruments
Resulting situation after the triggering transaction


Type of financial Expiration date     Exercise/           Number of voting       % of voting rights
instrument                            Conversion Period/  rights that may be
                                      Date                acquired if the
                                                          instrument is
                                                          exercised/ converted




Total (A+B)
Number of voting rights                              % of voting rights


4,430,623                                            12.54%





9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

Fidelity International Limited (FIL) is the parent holding company for various
direct and indirect subsidiaries, including Fidelity Fund Management Limited
(FFML), Fidelity Investment Services Ltd (FISL), Fidelity Gestion (FIGEST),
Fidelity Investments Advisory (Korea) Limited (FIAKL), Fidelity Investments
Management (Hong Kong) Limited (FIMHK), Fidelity Pension Management (FPM),
Fidelity Investments Japan (FIJ) and Fidelity Investments International (FII),
investment managers for various non-US investment companies and institutional
clients.

10. Name of the Proxy holder:

Fidelity International Limited (FIL)

11. Number of voting rights proxy holder will cease / acquire to hold:

193,300

12. Date on which proxy holder will cease / acquire to hold voting rights:

24 September 2007

13. Additional information:

Filing due to shares transitioned following termination of account

14. Contact name:

David Merryweather

15. Contact:

fil-regulatoryreporting@uk.fid-intl.com


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