Holding(s) in Company

Gulfsands Petroleum PLC
13 April 2005


                            GULFSANDS PETROLEUM PLC
                                  ('Company')

                               Holding in Company

The Company was informed on 12 April 2005 that, as at the close of business on
11 April 2005, UBS AG has a material interest in 3,433,093 ordinary shares in
the capital of the Company, representing 3.72 per cent. of the issued share
capital of the Company.

END



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