Results of General Meeting

This announcement has not been approved by the London Stock Exchange plc nor is it intended that it will be so approved.

Certain statements included herein constitute "forward-looking statements" concerning the Company 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. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond Gulfsands' ability to control or estimate precisely, such as general economic and market conditions in various countries and regions, political risks, environmental and physical risks, legislative, fiscal and regulatory developments, drilling and production results, reserves estimates, changes in demand for Gulfsands' products, increased costs of production or price fluctuations in crude oil and natural gas. Gulfsands cannot give any assurance that such forward-looking statements will prove to be correct. Gulfsands does not undertake any obligation to update or revise publicly any forward-looking statements set out herein, whether as a result of new information, future events or otherwise, except as required by applicable laws.

This announcement contains inside information for the purpose of the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain. If you have any queries on this, then please contact Andrew Morris, the Finance Director of the Company (responsible for arranging release of this announcement) at 5th Floor, 88 Kingsway, London, WC2B 6AA or on +44 20 7841 2727.

10 April 2018

GULFSANDS PETROLEUM PLC

Results of the General Meeting

Gulfsands Petroleum plc ("Gulfsands" or the "Company" - AIM: GPX), the oil and gas company with assets in Syria and Colombia, announces that, at the General Meeting held today, the resolution to cancel the admission of the Company's Ordinary shares to trading on AIM (the "Delisting") was passed.

The Delisting will, therefore, take effect from 7.00 a.m. on 23 April 2018, with the last day of trading of the Company's ordinary shares on AIM being Friday 20 April 2018. The Company intends to announce details of a secondary trading facility, which it intends to put in place after the Delisting, prior to the Delisting date.

For further information, please refer to the Company's website at www.gulfsands.com or contact: