Notification of Major Interests in Shares

Immediate Release 4 November 2009



GULFSANDS PETROLEUM PLC ("the Company")

Notification of Major Interests in Shares

The Company  was notified  on  4 November  2009,  by Schroders   plc
that following  an  acquisition  of   shares  on  3 November   2009,
Schroders Investment  Management  Limited   ("SIML")   is  now   the
holder   of 25,062,961  shares representing 20.85%  of the  Company's
issued  share  capital  and   has  voting   rights  over   19,267,422
shares  representing  16.03% of  the total  issued and  voting  share
capital of the Company.


For more information please contact:

Gulfsands Petroleum (London)
                      [phone]
Richard Malcolm, Chief Executive Officer
Kenneth Judge, Director of Corporate Development       +44 (0)7733
001 002
& Communications

Buchanan Communications Limited (London)                   +44 (0)20
7466 5000
Bobby Morse
Ben Romney

RBC Capital Markets (London)
                     [phone]
Sarah Wharry

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