Director/PDMR Shareholding

Bankers Petroleum Ltd. ("Bankers" or the "Company")

Executive Officer and Director Shareholdings

May 17, 2013 AIM: BNK The Company announces that on May 16, 2013 it was notified that a Directorexercised a portion of his stock options, thereby acquiring the followingshares: Stock Exercise Total Number ofName Date of Options Price Common Shares Exercise Exercised (Cdn.$) Held After Transaction Ian McMurtrie May 16, 2013 33,333 2.37 583,333Director May 16, 2013 150,000 1.83 733,333

The Company announces that on May 16, 2013 it was notified that certainDirectors sold the following shares:

Total Total Number ofName Date of Sale Shares Sold Proceeds Common Shares Held (Cdn. $) After Transaction Ian McMurtrie May 16, 2013 183,333 520,042 550,000Director Eric Brown May 15, 2013 5,000 14,050 74,166Director

For further information, contact:

Doug Urch

Executive VP, Finance and Chief Financial Officer

Ph: (403) 513-2691

Email: investorrelations@bankerspetroleum.com

Website: www.bankerspetroleum.com

AIM NOMAD: Canaccord Genuity Limited Henry Fitzgerald-O'Connor +44 0 207 523 8000 AIM BROKER: FirstEnergy Capital LLP

Hugh Sanderson / David van Erp

+44 0 207 448 0200