Director Shareholding

13th Jun 2008 07:00

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

AIM: BNK

CALGARY, June 12 /CNW/ - The Company announces that on 12th June 2008 itwas notified that the following member of Bankers' Board exercised thefollowing options: Total Number of Options Exercise Sale Common Shares Director Exercised Price Price After Transaction ------------------------------------------------------------------------- Ford Nicholson 1,000,000 CDN$0.22 n/a 17,062,300 Director Robert Cross 1,000,000 CDN$0.22 n/a 26,673,500 Director (x) Robert Cross's options were registered in Paloduro Investments Inc. The total number of Common Shares owned by Robert Cross after the transaction were held as follows: ------------------------------------------------------------------------- Robert Cross 3,525,746 Paloduro Investments Inc 23,147,754

NB: Robert Cross is the sole officer, director and beneficiary of Paloduro Investments Inc.

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/Henry Fitzgerald-O'Connor,+44 20 7050 6500; AIM JOINT BROKER: Canaccord Adams Limited, RyanGaffney/Henry Fitzgerald-O'Connor, +44 20 7050 6500; Tristone Capital Ltd.,Nick Morgan, +44 20 7355 5800(BNK)

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