Director/PDMR S'hldng-Amend

Global Petroleum Ltd
30 March 2006


Global Petroleum Ltd

30 March 2006

                 Correction - RNS release - dated 29 March 2006

In an announcement released yesterday at 10.01am under RNS 5749A by Global 
Petroleum Ltd ('Global' or 'the Company') Global wishes to correct one number in 
the first paragraph of the content.

'Global Petroleum Limited advises that on 24 March 2006 TM Services Limited, a
company jointly owned by Peter Taylor and Peter Blakey sold 400,000 ordinary
shares of no par value ('Shares') in the Company at A$0.59 cents per Share
representing 0.23 per cent of the Company's issued share capital.'

The sentence should read:

'Global Petroleum Limited advises that on 24 March 2006 TM Services Limited, a
company jointly owned by Peter Taylor and Peter Blakey sold 400,000 ordinary
shares of no par value ('Shares') in the Company at A$0.595 cents per Share
representing 0.23 per cent of the Company's issued share capital.'

The full text of the ameded announcement appears below:




Global Petroleum Limited advises that on 24 March 2006 TM Services Limited, a
company jointly owned by Peter Taylor and Peter Blakey sold 400,000 ordinary
shares of no par value ('Shares') in the Company at A$0.595 cents per Share
representing 0.23 per cent of the Company's issued share capital.

Following this sale, TM Services Limited now holds 4,286,905 shares
(representing 2.52 per cent. of the Company's issued share capital).

The interests of Peter Blakey, Peter Taylor and their respective associates are
as follows:

                                                      Percentage of current 
                               No. of shares           issued share capital

Peter Blakey                     25,224,866                     14.81
Peter Taylor                     25,224,866                     14.81
TM Services
Limited                           4,286,905                      2.52
IPM Personal
Pension Fund Trustees Limited     3,112,000                      1.83

Peter Taylor and Peter Blakey share a beneficial interest in 4,286,905 Shares
held by TM Services Ltd (a company with which they are both associated). Peter
Taylor and Peter Blakey's respective wives are the beneficial joint owners of
3,112,000 Shares held by IPM Personal Pension Fund Trustees Limited.




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