2012 Annual Report & Accounts, Notice of Meeting and Form of Proxy

London, 10th May, 2013: Gulfsands Petroleum plc (“Gulfsands”, the “Group” or the “Company” – AIM: GPX), the oil and gas production, exploration and development company with activities in Syria, Morocco, Tunisia, Colombia and the U.S.A., announces that the Company’s 2012 Annual Report & Accounts have been posted to shareholders, along with a notice of an Annual General Meeting (“AGM”) to be held at 11:00 a.m. on 5th June, 2013 at the offices of Buchanan, 3rd Floor, 107 Cheapside London EC2V 6DN.

Copies of the accounts and notice of AGM are available from the Company’s website, www.gulfsands-dev.blue2web.co.uk, and from the Company’s registered office at One America Square, Crosswall, London EC3N 2SG.

For further information, please refer to the Company’s website www.gulfsands-dev.blue2web.co.uk or contact:

Gulfsands Petroleum (London)
+44 (0)20 7024 2130
Mahdi Sajjad, Chief Executive Officer
Kenneth Judge, Commercial Director

Buchanan (London)
+44 (0)20 7466 5000
Bobby Morse
Ben Romney

RBC Capital Markets (London)
+44 (0)20 7653 4000
Matthew Coakes

Daniel Conti
Tim Chapman

Certain statements included herein constitute “forward-looking statements” within the meaning of applicable securities legislation. These forward-looking statements are based on certain assumptions made by Gulfsands and as such are not a guarantee of future performance. Actual results could differ materially from those expressed or implied in such forward-looking statements due to factors such as general economic and market conditions, increased costs of production or a decline in oil and gas prices. Gulfsands is under no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable laws.