BNK.L Regulatory News (BNK)

19 May 2006 07:00

Bankers Petroleum Ltd. (the "Company") - Director Shareholding AIM: BNK CALGARY, May 19 /CNW/ - The Company announces that on 17th of May 2006the Company granted the following options exercisable into common shares ofthe Company to Directors of the Company: Director Options Granted Exercise Price ------------------------------------------------------------------------ Robert Cross Chairman 1,000,000 CDN$1.15 Victor Redekop Director 1,000,000 CDN$1.15 John Zaozirny Director 150,000 CDN$1.15 Jonathan Harris Director 150,000 CDN$1.15 Eric M. Brown Director 500,000 CDN$1.15 Richard Wadsworth President and CEO 450,000 CDN$1.15 Juneyt Tirmandi CFO 150,000 CDN$1.15 Ford Nicholson President 1,000,000 CDN$1.15 Susan Soprovich VP, Investor Relations 250,000 CDN$1.15 Bob Petryk VP, Operations 200,000 CDN$1.15 Mary Collyer Corporate Secretary 100,000 CDN$1.15 The options expire on May 17, 2011, with two-thirds of the optionssubject to vesting periods. As at May 17, 2006 the Company's Issued &Outstanding shares is 378,446,803. For further information: Suite 800, 906 - 12th Ave. S. W. Calgary,Alberta, T2R 1K7, Tel: (403) 541-5346, Fax: (403) 245-5156 (BNK) ENDBANKERS PETROLEUM LIMITED