Holding(s) in Company

Gulf Keystone Petroleum Ld
30 November 2006

Letter to:  Gulf Keystone Petroleum Ltd dated 29th November 2006

Enclosed are amended notifications of disclosable interests under your Bye-Law 
Section 168.3.1. Please note that while this information details the disclosable 
interests of more than one entity, the enclosed disclosure constitutes separate 
notifications of interest which have been combined solely for purposes of clarity 
and efficiency. It is not intended to indicate that any of these entities act as 
a group or in concert with respect to these interests.

These disclosures are made in the interest of conformity with your Bye-Law 
Section 168.3.1. The interest detailed herein were acquired solely for 
investment purposes. For disclosure purposes, holdings should be represented as 
FMR Corp. and its direct and indirect subsidiaries, and Fidelity International 
Limited (FIL) and its direct and indirect subsidiaries, both being non-beneficial 
holders.

From: Fidelity


Amendment 2

NOTIFICATIONS UNDER BYE-LAWS SECTION 168.3.1

1.     Company in which shares are held:        Gulf Keystone Petroleum Ltd

2.     Notifiable Interest:                     Ordinary Shares

(A)       FMR Corp.
          82 Devonshire Street 
          Boston, MA 02109

          Parent holding company of Fidelity Management & Research Company 
          (FMRCO), investment manager for US mutual funds, and Fidelity 
          Management Trust Company (FMTC), a US state chartered bank which acts 
          as a trustee or investment manager of various pension and trust 
          accounts. (See Schedule A for listing of Registered Shareholders and 
          their holdings).

(B)       Fidelity International Limited (FIL)
          P.O. Box HM 670
          Hamilton HMCX, Bermuda

          Parent holding company for various direct and Indirect subsidiaries. 
          Including Fidelity Investment Services Ltd. (FISL), Fidelity Gestion 
          (FIGEST), Fidelity Investments Advisory (Korea) Limited (FIA(K)L), 
          Fidelity Investments Management (Hong Kong) Limited (FIMHK), Fidelity 
          Pension Management (FPM) and Fidelity Investments International (FII) 
          investment managers for various non-US Investment companies and 
          institutional clients.

3.     The notifiable interests also comprise the notifiable Interest of;

          Mr Edward C. Johnson 3d 
          82 Devonshire Street 
          Boston, MA 02109

          A principal shareholder of FMR Corp. and Fidelity International 
          Limited.

4.     The notifiable interests include interest held on behalf of authorized 
       unit trust schemes in the U.K., notwithstanding the exemption from 
       reporting pursuant to Section 209 (1)(h) of the Companies Act 1985,

5.     These notifications of disclosable interests constitute separate 
       notifications of interest in the shares and are combined solely for the 
       purposes of clarity and efficiency. Nothing herein should be taken to 
       indicate that FMR Corp. and its direct and indirect subsidiaries, 
       Fidelity International Limited and its direct and indirect subsidiaries 
       or Mr. Edward C, Johnson 3d act as a group or in concert in
       respect of the disclosed interests, or that they are required to submit 
       these notifications on a joint basis.


6.     The disclosable interests arise under section 208 (4) (b) of the Act, 
       namely where a person, not being the registered holder, is entitled to 
       exercise a right conferred by the holding of the shares or to control the 
       exercise of such rights, or under section 203 of the Act respectively.
 
By
Rani Jandu
Regulatory Reporting Senior Manager, FIL - Investment Compliance
Duly authorized under Powers of Attorney dated August 25,2004 by Eric D. Roiter
by and on behalf of FMR Corp, and its direct and indirect subsidiaries, and 
Fidelity international Limited and its direct and indirect subsidiaries.


 
Schedule A

Security:    GULF KEYSTONE PETROLEUM LTD
 
Amendment 2
 

Current ownership percentage:                    4.06%
Total Shares Held:                          11,135,000
Shares in issue:                           275,480,140
Change in holdings since last filing:     +600,000 ordinary shares
 
 
                            MANAGEMENT 
SHARES HELD                  COMPANY           NOMINEE/REGISTERED NAME
    165,200                    FPM             STATE STR BK AND TR CO LNDN (S
    162,200                    FPM             JP MORGAN, BOURNEMOUTH 
     70,300                    FPM             NORTHERN TRUST LONDON  
     43,900                    FPM             HSBC BANK PLC 
  9,573,100                   FISL             JP MORGAN, BOURNEMOUTH 
     50,600                    FIL             JP MORGAN, BOURNEMOUTH 
  1,119,700                    FIL             JP MORGAN, BOURNEMOUTH 
 


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