Bankers Petroleum Ltd. Director Shareholding

20th Jan 2010 07:00

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

AIM: BNK

CALGARY, Jan. 20 /CNW/ - The Company announces that on January 18, 2010 it was notified that a member of Bankers' Board of Directors exercised a portion of his stock options, thereby acquiring the following shares on January 18, 2010:

Name Stock Options Exercised Exercise Price (Cdn.$) ------------------------------------------------------------------------- John Zaozirny Director 33,333 1.05 13,889 1.35 22,223 1.68 ----------------------- Total 69,445

The Company announces that on January 18, 2010 it was notified that a member of Bankers' Board of Directors sold the following shares on January 18, 2010:

Name Total Shares Sold Total Proceeds (Cdn.$) ------------------------------------------------------------------------- John Zaozirny Director 69,445 458,337

Following the above transactions John Zaozirny's interest in the Company remains at 302,455 Common Shares.

For further information: Doug Urch, Executive VP, Finance and Chief Financial Officer, Ph: (403) 513-2691, Email: investorrelations(at)bankerspetroleum.com, Website: www.bankerspetroleum.com; AIM NOMAD: Canaccord Adams Limited, Ryan Gaffney, Henry Fitzgerald-O'Connor, +44 20 7050 6500 (BNK)

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