Statement Re: Share Price Movement

Gulfsands Petroleum Plc (the “Company”) notes the recent increase in the Company’s share price and confirms that it is not aware of any reason for this movement.

 

For further information please contact:

Gulfsands Petroleum Plc Alastair Beardsall, Chairman	+44 (0)20 7024 2130
Cantor Fitzgerald Europe Sarah Wharry David Porter	+44 (0)20 7894 7000