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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: Crossy who wrote (10544)	7/6/2005 9:38:30 AM
From: Crossy	Read Replies (1) of 37387

re: GED.L - Global Energy Development 213p (UK/AIM) finance.yahoo.com For all newcomers, this is Harken Energy's LatAm spin-off. Currently producing 2250bopd, big acreage in Latin America - almost 10 million acres altogether.. Marketcap is a meager US$150m .. way to go ... Merril Lynch onboard - with a 3% stake companyannouncements.net Global Energy Development PLC 06 July 2005 Immediate Release 6 July 2005 GLOBAL ENERGY DEVELOPMENT PLC HOLDING IN COMPANY Global Energy Development PLC (the 'Company'), the Latin America focused petroleum exploration and production company (LSE-AIM: 'GED'), was notified on 4 July 2005 by The Bank of New York Europe Limited on behalf of Merrill Lynch Investment Managers Limited that Merrill Lynch Investment Managers Limited as discretionary managers of Merrill Lynch International Investment Funds ('MLIIF') European Opportunities Fund has an interest in 1,052,192 ordinary shares of 1 pence each of the Company, representing 3.01% 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

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