GME Global Marine

RNS Number:1911H
Charles Stanley & Co. Ltd.
07 November 2007



                                                                       FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)



1.         KEY INFORMATION

Name of person dealing  (Note 1)               J M Fleet Esq
Company dealt in                               Global Marine Energy plc
Class of relevant security to which the        Ordinary
dealings being disclosed relate (Note 2)

Date of dealing                                23 July 2007

                                             (THIS NOTIFICATION REPLACES THE 
                                             RULE 8.3 DISCLOSURES FOR THE TRADES
                                             DISCLOSED ON 24 AND 25 JULY 2007)



2.         INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE


(a)        Interests and short positions (following dealing) in the class of
relevant security dealt in (Note 3)
                                                               Long                              Short

                                               Number                               Number
                                                      (%)                                     (%)

(1) Relevant securities                        450,000  0.63%

(2) Derivatives (other than options)

(3) Options and agreements to purchase/sell


Total                                          450,000  0.63%



(b)        Interests and short positions in relevant securities of the company,
other than the class dealt in (Note 3)


Class of relevant security:                                    Long                              Short


                                               Number        (%)                    Number          (%)
                                                                                          

(1) Relevant securities


(2) Derivatives (other than options)


(3) Options and agreements to purchase/sell


Total



(c)        Rights to subscribe (Note 3)


Class of relevant security:                    Details




3.         DEALINGS (Note 4)


(a)        Purchases and sales

Purchase/sale                          Number of securities                  Price per unit (Note 5)


Sell                                   550,000                               #0.1075GBP



(b)        Derivatives transactions (other than options)


Product name,         Long/short (Note 6)       Number of securities (Note 7)        Price per unit (Note 5)

e.g. CFD



(c)        Options transactions in respect of existing securities

(i)         Writing, selling, purchasing or varying


Product name,         Writing, selling, Number of securities  Exercise   Type, e.g.      Expiry     Option money
                        purchasing,     to which the option              American,
e.g. call option      varying etc.      relates (Note 7)      price      European etc.   date       paid/received per
                                                                                                    unit (Note 5)


(ii)        Exercising


Product name, e.g. call option         Number of securities                  Exercise price per unit (Note 5)


(d)        Other Dealings (including new securities) (Note 4)


Nature of transaction (Note 8)         Details                               Price per unit (if applicable) (Note 5)



4.         OTHER INFORMATION


Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person
disclosing and any other person relating to the voting rights of any relevant
securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any
derivative referred to on this form is referenced.  If none, this should be
stated.

None



Is a Supplemental Form 8 attached? (Note 9)            NO*

HISTORIC TRADES FORM ATTACHED


Date of disclosure                                                24 July 2007

Contact name                                                      Robert Howard

Telephone number                                                  020 7953 2154


If a connected EFM, name of offeree/offeror with which connected  n/a
If a connected EFM, state nature of connection (Note 10)          n/a




ADDITIONAL FORM

DETAILS OF ADDITIONAL HISTORIC TRADES

As disclosed on 21 June 2007, JM Fleet Esq. purchased 550,000 shares on 20 June
2007, resulting in a holding of 1,150,000 shares (1.59%).

Subsequently, JM Fleet Esq. undertook the following trade:


Date            Buy/Sell        Number of securities  Price            Resulting holding      Resulting percentage


5 July 2007     Sell            150,000               #0.185           1,000,000 shares       1.39%




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

RETBRBBTMMBMBRR

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