GLT: Result of transaction of principal shareholder

GLT announces the result of transaction of principal shareholder as follows:

1. Name of issuer: Global Electrical Technology Corp.

2. Stock code: GLT

3. Name of principal shareholder : Richluck International Limited

4. Securities type: Common stock

5. Number of shares held by the principal shareholder before transaction: 981,332 shares (15.39% of Charter Capital)

6. Number of shares disposed: 500,000 shares

7. Total holding following transaction: 481,332 shares (7.55% of the Charter Capital)

8. Last date of transaction: 10/03/2010.

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