Management Transition

Immediate release 29 April 2008

Gulfsands Petroleum plc
Management Transition
RELOCATION OF PRINCIPAL OFFICE AND CENTRE OF OPERATIONS TO LONDON
RESIGNATIONS OF JOHN DORRIER AND DAVID DECORT AS CHIEF EXECUTIVE
OFFICER AND CHIEF FINANCIAL OFFICER RESPECTIVELY
London, 29th April, 2008: Gulfsands Petroleum plc (AIM: GPX)
("Gulfsands", "the Group" or "the Company"), the oil and gas
production, exploration and development company with activities in
the Middle East and the USA, announces the relocation of the
Company's principal office and centre of operations to London and the
resignations of John Dorrier and David DeCort as Chief Executive
Officer and Chief Financial Officer respectively.

Relocation of principal office to London and prospective appointment
of new senior executives

The Board has decided that, in light of the decisive shift of the
Company's focus to the Middle East and in particular the increasing
importance of its operations in Syria following the commercial
discovery at Khurbet East in Block 26, the Company's principal office
and centre of operations will relocate to London from Houston, Texas,
with immediate effect.

In connection with the move, John Dorrier and David DeCort are
resigning as Chief Executive Officer and Chief Financial Officer
respectively.

The Board expects to be in a position to make further announcements
concerning new London-based senior management shortly.

In the interim, pending such appointments, Andrew West, has
undertaken to function as the Executive Chairman.

The Company's Houston and Damascus offices will both be retained
along with its existing staff in both locations.

The Company's assets and operations in the United States and the Gulf
of Mexico will continue to be managed out of the Houston office.

Resignations of Messrs. Dorrier and DeCort

John Dorrier is resigning from his position of Chief Executive
Officer and as a Director with effect from 30 April 2008.

David DeCort is also resigning from his position as Chief Financial
Officer and as a Director with effect from 30 April 2008.

Messrs. Dorrier and DeCort have each entered into a Settlement
Agreement with the Company. Each has agreed to make himself available
on a consultancy basis for a limited period as required to ensure a
smooth management transition.

Gulfsands' Chairman, Andrew West, said:
"Following the recent commercial discovery at Khurbet East, the focus
of the Company and the lion's share of its value has shifted
decisively to the Middle East. Relocation of our principal office and
centre of operations to London is crucial to continuing with the
rapid development of our Syrian assets specifically and our Middle
Eastern ambitions generally.
The success of Gulfsands to date would not have been possible without
John Dorrier and David DeCort, who were founders of the Company and
have played a pivotal role in building the business to where it is
today. They can take pride in the legacy they are leaving behind
them. On behalf of the Board I would like to thank John and David and
wish them every future success. As major shareholders in their own
right I know that they will continue to take a keen interest in the
Company's affairs."
For more information please contact:
Gulfsands Petroleum (London) [phone]
Kenneth Judge, Director of Corporate Development [phone]

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

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

Certain statements included herein constitute "forward-looking
statements" within the meaning of applicable securities legislation.
These forward-looking statements are based on certain assumptions
made by Gulfsands and as such are not a guarantee of future
performance. Actual results could differ materially from those
expressed or implied in such forward-looking statements due to
factors such as general economic and market conditions, increased
costs of production or a decline in oil and gas prices. Gulfsands is
under no obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise, except as required by applicable laws.

More information can be found on the Company's website
www.gulfsands.net.

---END OF MESSAGE---