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News Releases
 July 19, 2006
Notification of Holding

 Gulfsands Petroleum PLC ("Gulfsands" or "the Company")

The Company was notified on 18 July 2006 that following a purchase of 50,000 ordinary shares of 5.714p in the Company ("Ordinary Shares") on 17 July at 100p each, Hamilton Capital Partners Limited have a notifiable interest in the issued share capital of the Company, being 2,843,750 Ordinary Shares (equalling 3.04 per cent. of the total issued share capital of the Company of 93,481,250).


Gulfsands Petroleum (Houston) 001-713-626-9564
David DeCort, Chief Financial Officer

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