Great Eastern Energy Corp PLC 21 December 2005 Great Eastern Energy Corporation Ltd ("The Company" or "Great Eastern") Disclosure of interest in shares The Company was notified on 15 December 2005 of the following notifiable interests in its GDRs. Following the placing and a subsequent transaction, the notifiable interest held within the AEGON UK plc Group of Companies is 11.05%. No of Ordinary Shares placed: 2,079,208 Sale dated 14th December 2005 1,000 Resultant Total: 2,078,208 Held as follows: 2,078,208 Chase Nominees Limited For the purposes of the foregoing notification:- (a) "The AEGON UK plc Group of Companies" means Scottish Equitable plc, Scottish Equitable (Managed Funds) Limited, AEGON Fund Management UK ltd, AEGON Investment Management UK ltd, AEGON Asset Management UK plc, Scottish Equitable Trustees Limited, Guardian Assurance plc, Guardian Linked Life Assurance Limited, Guardian Pensions Management Limited and Guardian Unit Managers Limited. all having a place of business at Edinburgh Park, Edinburgh EH12 9SE ; (b) "the Act" shall mean the Companies Act 1985 and expressions used in this notification shall, unless the context otherwise requires, have the same meanings as are set out in or adopted for the purposes of the Act; (c) "the Company" shall mean the company to whom this notification is addressed. Enquiries: Muneesh Sud Great Eastern Energy Corporation Ltd Tel: +91 124 2580 470 Martin Jackson/George Cazenove Citigate Dewe Rogerson Tel: +44 207 638 9571 This information is provided by RNS The company news service from the London Stock Exchange