Notification of Major Interests in Shares

Immediate Release 6th April 2009



               Gulfsands Petroleum plc ("the Company")

              Notification of Major Interests in Shares


The Company was  notified on  3rd April  2009 by  Schroders plc  that
following a sale of  shares on 2nd  April 2009, Schroders  Investment
Management Limited ("SIML)  is now  the holder  of 20,857,725  shares
representing 17.60% of  the Company's issued  share capital, and  has
voting rights over 17,351,339 shares representing 14.64% of the total
issued and voting share capital of the Company.

For more information please contact:


Gulfsands Petroleum (London)                      [phone]
Ric Malcolm, Chief Executive Officer
Andrew Rose, Chief Financial Officer
Kenneth Judge, Director of Corporate Development  [phone]
& Communications

Buchanan Communications Limited (London)          [phone]
Bobby Morse
Ben Romney

RBC Capital Markets (London)                      [phone]
Sarah Wharry


ABOUT GULFSANDS:

Gulfsands is listed on AIM.

Syria

Gulfsands owns a 50% working interest and is operator of Block 26  in
North  East  Syria.   The  Khurbet  East  oil  field  was  discovered
following the completion of drilling of  the KHE-1 well in June  2007
and  commenced  commercial  production   within  13  months  of   the
discovery. This field is currently producing more than 10,000 barrels
of oil per  day through  the Khurbet East  Early Production  Facility
(EPF).  Block  26 covers  approximately 8,250  square kilometres  and
encompasses existing  fields  which currently  produce  over  100,000
barrels of oil per day. These fields are operated mainly by the Syria
Petroleum Company.   On 23  August 2007,  the Company  initiated  the
first extension  period of  exploration  on Block  26 for  a  further
period of three years.

Iraq

Gulfsands signed a Memorandum of  Understanding in January 2005  with
the Ministry of Oil  in Iraq for the  Maysan Gas Project in  Southern
Iraq and following completion of  a feasibility study on the  project
is negotiating  details of  definitive contract  for this  regionally
important development.  The project will gather, process and transmit
natural gas that is  currently a waste  by-product of oil  production
and as a result of the  present practice of gas flaring,  contributes
to significant environmental damage in the region.

Gulf of Mexico, USA

The  Company  owns  interests   in  48  offshore  blocks   comprising
approximately 168,000 gross acres  which includes numerous  producing
oil and  gas fields  offshore  Texas and  Louisiana with  proved  and
probable recoverable reserves net to Gulfsands at 31 December 2007 of
41.5 BCFGE (6.9 MMBOE), consisting of 27.3 BCFG and 2.36 MMBO.

Onshore USA

Gulfsands owns interests in two oil and gas fields onshore Texas, USA
(98.5% working  interest  in  Emily Hawes  Field  and  37.5%  working
interest in  Barb Mag  Field) with  proved and  probable  recoverable
reserves net  to Gulfsands  at 31  December 2007  of 3.1  BCFGE  (0.5
MMBOE), consisting of 2.8 BCFG and 57,000 barrels of oil.

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.

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