Annual Report & Accounts

Gulfsands Petroleum plc
2007 Annual Report & Accounts, Notice of Meeting and Form of Proxy

London, 2nd June, 2008: Gulfsands Petroleum plc (AIM: GPX) the oil
and gas production, exploration and development company with
activities in the U.S.A., Syria and Iraq announces that the Company's
2007 Annual Report & Accounts have been posted to shareholders, along
with a notice of an Annual General Meeting ("AGM") to be held at
11:00 a.m. on 23 June 2008 at the offices of Buchanan Communications,
45 Moorfields, London, England EC2Y 9AE.

Copies of the accounts and notice of AGM are available from the
Company's website, www.gulfsands.net, and from the Company's
registered office at One America Square, Crosswall, London EC3N 2SG.
For further information, please refer to the Company's website
www.gulfsands.net or contact:

Gulfsands Petroleum [phone]
Kenneth Judge, Director of Corporate Development [phone]

Buchanan Communications (London) [phone]
Bobby Morse
Nick Melson

RBC Capital Markets (London) [phone]
Andrew K. Smith
Sarah Wharry

Investor Relations: North America 1-866-689-2599
Jon Bey

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