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Director Shareholding

20th Jan 2011 07:00

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

AIM: BNK

CALGARY, Jan. 20 /CNW/ - The Company announces that on January 19, 2011 it was notified that a member of Bankers' Board of Directors exercised a portion of his stock options, thereby acquiring the following shares:

Stock Options Exercise Price Name Date of Exercise Exercised (Cdn.$) ------------------------------------------------------------------------- Eric Brown Director January 19, 2011 50,000 3.03

The Company announces that on January 19, 2011 it was notified that a member of Bankers' Board of Directors sold the following shares on January 19, 2011:

Total Number of Common Shares Held Name Total Shares Sold Total Proceeds (Cdn.$) After Transaction ------------------------------------------------------------------------- Eric Brown Director 50,000 440,000 94,500

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 Genuity Limited, Ryan Gaffney/Henry Fitzgerald-O'Connor, +44 20 7050 6500; AIM JOINT BROKERS: Canaccord Genuity Limited, Ryan Gaffney/Henry Fitzgerald-O'Connor, +44 20 7050 6500; Macquarie Capital Advisors, Ben Colegrave/Paul Connolly, +44 20 3037 5639

(BNK. BNK)

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