Notifiable Interest

Gulfsands Petroleum PLC
07 December 2006



Gulfsands Petroleum PLC ('the Company')



Notification of significant holding



7 December 2006



Under the Companies Act 1985, section 199(2a), the Company was notified in a
letter dated 4 December 2006 that as at 24 November 2006 the Mineworkers pension
scheme held 2,963,356 ordinary shares in the capital of the Company (2.88%).
These shares are registered in the name of Mineworkers Pension Scheme (Chase
GIS) Nominees Ltd.






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