|April 07, 2011|
London, 7th April 2011: Gulfsands Petroleum plc ("Gulfsands", the "Group" or the "Company" - AIM: GPX), the oil and gas production, exploration and development company with activities in Syria, Iraq, and the U.S.A. announces that it has issued 87,000 new ordinary shares following an exercise of options by and an issue of shares to an employee of the Company on 4th April 2011. The total number of shares in issue following exercise of these options is 121,989,500 ordinary shares
Application has been made for these shares to be admitted to trading on AIM, with admission expected to occur on 13 April, 2011.
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