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Director/PDMR Shareholding

4 Feb 2008 07:00

Bankers Petroleum Ltd. (the "Company") - Director Shareholding

AIM: BNK

CALGARY, Feb. 1 /CNW/ - The Company announces that on 31st of January 2008 the Company granted the following options, all of which are exercisable into common shares of the Company at a price of CDN$0.90, to Directors and Executives of the Company:

Director Options Granted ------------------------------------------------------------------------- Robert Cross Chairman 250,000 Victor Redekop Director 200,000 John Zaozirny Director 200,000 Jonathan Harris Director 250,000 Eric M. Brown Director 250,000 Ford Nicholson Director 200,000 Abdel F. (Abby) Badwi Chief Executive Officer 200,000 Richard Wadsworth President 250,000 Douglas C. Urch VP, Finance & Chief Financial Officer 100,000 Wolf Regener President, Bankers Petroleum (US) Inc. 200,000 Susan Soprovich VP, Investor Relations 100,000 Ian McMurtrie VP, Exploration 100,000 Bob Petryk VP & General Director, Albania 200,000 Suneel Gupta VP, Business Development 100,000 Eugene Christensen VP, Development 200,000 Art Agolli VP, Marketing 100,000

The options expire on February 1, 2013, with all of the options subject to vesting periods. As at January 31, 2008 the Company has 519,279,159 Issued & Outstanding common shares.

For further information: Susan J. Soprovich, VP, Investor Relations andCorporate Governance, Ph: (403) 513-2681, Email:investorrelations(at)bankerspetroleum.com, Website: www.bankerspetroleum.com;AIM NOMAD: Canaccord Adams Limited, Ryan Gaffney, Adam Janikowski, +44 20 70506500(BNK.)

BANKERS PETROLEUM LIMITED

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