Holding(s) in Company

Gulfsands Petroleum PLC
15 December 2005


                      GULFSANDS PETROLEUM PLC ('Company')

                               Holding in Company

The Company was informed on 13 December 2005 that, as at close of business on 9
December 2005, UBS AG had a material interest in 2,894,834 ordinary shares in
the Company, representing 3.13% of the issued share capital of the Company.




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