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Shareholders

Significant Shareholders of Gulfsands Petroleum plc as of January 29, 2010
(3% or more)

Significant Shareholders
Number of Ordinary Shares
% of Total Shares Outstanding



Directors
   Hamilton Capital Partners Ltd(1)
3,966,750
   Nordman Continental S.A. and
   Wickham Holdings(2)

8,655,268
   David Cowan
441,750
   Andrew Rose
600,000
   Richard Malcolm
150,000

13,813,768
11.41%
Schroder Investment Management
25,901,311
21.40%
Abdul Rahman Kayed
11,500,000
9.50%
Al-Mashrek Global Invest Ltd.
7,000,000
5.78%
George Robinson
5,000,000
4.13%
Hugh Sloan
5,007,240
4.14%

(1) Associate company of Kenneth Judge.
(2) Nordman and Wickham are owned by discretionary trusts of which certain of Mr. Sajjad's relatives are potential beneficiaries.

 
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