Director's Share Dealing

Immediate Release 19 December 2008


                       GULFSANDS PETROLEUM PLC

                      Director's Share Dealing

London 19th December 2008:  Gulfsands Petroleum plc ("Gulfsands", the
"Group" or the "Company" - AIM: GPX), the oil and gas production,
exploration and development company with activities in Syria, Iraq
and the U.S.A., announces that it has been advised by Mr. Mahdi
Sajjad, a director of the Company that Wickham Holdings Limited, a
company owned by a discretionary trust of which certain of Mr.
Sajjad's relatives are potential beneficiaries, has acquired a total
of 400,000 Gulfsands shares at an average price of approximately 128
pence while Nordman Continental S.A., a company owned by a
discretionary trust of which the children of Mr. Sajjad, are
potential beneficiaries, sold 380,357 Gulfsands shares at an average
price of approximately 127 pence.

As Mr. Sajjad is  deemed to be  associated with Nordman  Contintental
and Wickham Holdings,  the number of  shares in which  Mr. Sajjad  is
deemed to have an interest is now 9,605,268 ordinary shares, up  from
9,585,625 previously  disclosed, representing  approximately 8.1  per
cent. of the Company's issued share capital.

For more information please contact:


Gulfsands Petroleum (London)                     [phone]
Ric Malcolm, Chief Executive Officer
Kenneth Judge, Director of Corporate Development [phone]

Buchanan Communications Limited (London)         [phone]
Bobby Morse
Sam Botterill

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

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