Holding(s) in Company

Gulfsands Petroleum PLC
23 October 2007


Holding in Company


London, 23 October, 2007: Gulfsands Petroleum plc (the 'Company' - AIM: GPX),
was notified on 18 October 2007 that Mr. George Robinson is the beneficial
holder of 5,000,000 ordinary shares of 5.714p each in the Company, representing
4.5 per cent. of the Company's issued share capital.


For further information, please refer to the Company's website www.gulfsands.net
or contact:

Gulfsands Petroleum (Houston)                             + 1-713-626-9564

John Dorrier, Chief Executive Officer
David DeCort, Chief Financial Officer

Gulfsands Petroleum (London)                              020-7182-4016

Kenneth Judge, Director of Corporate Development          07733-001-002

College Hill (London)                                     020-7457-2020

Nick Elwes
Paddy Blewer

Landsbanki Securities (UK) Limited (London)               020-7426-9000

Jeff Keating / Tom Hulme (Corporate Finance)


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