Result of AGM

Global Petroleum Ltd 20 November 2006 Global Petroleum Limited AIM Release Annual General Meeting 17 November 2006 We advise the outcome of each resolution put to the meeting by a show of hands at today's AGM. Resolution 1, Re-election of Mr Mark Savage, director- passed unanimously. Resolution 2, Adoption of Remuneration Report- passed unanimously. Resolution 3, Extension of time to issue Tranche 3 shares Malta- passed unanimously. Summary of proxy voting for the meeting. Global Petroleum Limited AGM 17-Nov-06 Summary of proxy voting for Annual General Meeting Resolution For For Ag Against Abs Abstain Tot Total (less abstains) 1) Re-election of Mr Mark Savage as Director 41 98,439,769 0 0 0 0 41 98,439,769 2) Adopt Remuneration Report 37 96,722,594 4 1,717,175 0 0 41 98,439,769 3) Extension of time Tranche 3 shares Malta 34 45,078,423 3 1,612,175 4 51,749,171 37 46,690,598 Yours sincerely Des Olling Secretary This information is provided by RNS The company news service from the London Stock Exchange
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