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Director/PDMR Shareholding

9th Jun 2008 07:00

June 6, 2008 AIM: BNK

Bankers Petroleum Ltd. (the "Company")

Director Shareholding

The Company announces that on 6th June 2008 it was notified that the following member of

Bankers' Board undertook the following transfers of shares, which result in no change

in beneficial ownership of the Company:

Director Shares Transaction From To Swapped Date Robert Cross 250,000 June 6, 2008 Robert Cross Paloduro Investments Chairman Inc. Total Number Common Shares Held After Transaction Robert Cross 3,525,746 Paloduro 22,147,754Investments Inc

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

For further information, contact:

Susan J. Soprovich

VP, Investor Relations and Corporate Governance

Ph: (403) 513-2681

Email: [email protected]

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 Tristone Capital Ltd.

Ryan Gaffney/ Henry Fitzgerald-O'Connor Nick Morgan

+44 20 7050 6500 +44 20 7355 5800

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