Second Price Monitoring Extn

Gulfsands Petroleum PLC
26 June 2007


A second Price Monitoring Extension has been activated in this security.

A second Price Monitoring Extension is activated when the auction matching
process would still result in an auction  price that is a pre-determined
percentage above or below the base price. The auction call period is extended
for a  further 5 minutes.  

For details of how base prices are set for each market, please refer to the
Guide to Trading Service at  www.londonstockexchange.com


                      This information is provided by RNS
            The company news service from the London Stock Exchange