Holding in Company

Immediate Release   28 April 2008

                                   
                                   
                       Gulfsands Petroleum plc
                                   
              Notification of Major Interests in Shares
                                   
 
The Company was notified on 21 April 2008, by Hugh Sloane that he  is
interested in  3,442,384 Gulfsands  shares representing  3.1% of  the
Company's issued share capital.
 
 
 

Gulfsands Petroleum (Houston)                    + 1-713-626-9564
John Dorrier, Chief Executive Officer             
David DeCort, Chief Financial Officer             
                                                  
Gulfsands Petroleum (London)                     [phone]
Kenneth Judge, Director of Corporate Development [phone]
                                                  
Buchanan Communications Limited (London)         [phone]
Bobby Morse                                       
Ben Willey                                        
                                                  
RBC Capital Markets (London)                     [phone]
Andrew K. Smith                                   
Sarah Wharry

 

---END OF MESSAGE---