Additional Listing

Gulf Keystone Petroleum Ld
26 March 2008

Not for release, publication or distribution in or into jurisdictions other than
 the United Kingdom and Bermuda where to do so would constitute a contravention
                   of the relevant laws of such jurisdiction






26 March 2008





                        GULF KEYSTONE PETROLEUM LIMITED

                       ("Gulf Keystone" or "the Company")



                               Additional Listing



Application has been made for the admission of an additional 40,000 shares of
USD0.01 each in the capital of the Company to trading on AIM.



The shares will be issued fully paid and will rank pari passu in all respects
with the existing issued Ordinary Shares of the Company.



These shares being listed relate to a 2003 share subscription for 40 Series A
Preferred Shares prior to the Company's Placing and Admission to AIM in 2004.
The proceeds for the 40 shares were received by the Company but no shares were
issued to the subscriber due to an administrative error.



At the time of the Company's Placing and Admission to AIM in 2004 each Series A
Preferred Share converted to 1,000 Ordinary Shares.



The administrative error came to light following an enquiry to the Company in
June 2007 regarding the 40,000 shares. After exhaustive investigation it was
confirmed that payment had been received by the Company but no shares had been
issued in exchange.






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