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Director/PDMR Shareholding

21st Dec 2010 16:14

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

AIM: BNK

CALGARY, Dec. 21 /CNW/ - The Company announces that on the 20th day of December, 2010 it was notified that an executive officer exercised a portion of his stock options, thereby acquiring the following shares on December 20, 2010:

Name Stock Options Exercised Exercise Price (Cdn.$) ------------------------------------------------------------------------- Hans Eugene Christensen VP, Engineering 40,000 1.05

The Company announces that on December 20, 2010 it was notified that an executive officer sold the following shares on December 20, 2010:

Name Total Shares Sold Total Proceeds (Cdn.$) ------------------------------------------------------------------------- Hans Eugene Christensen VP, Engineering 40,000 300,119

Following the above transactions Hans Eugene Christensen's interest in the Company remains at 50,001 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 JOINT BROKERS: Canaccord Genuity Limited, Ryan Gaffney, Henry Fitzgerald-O'Conner, +44 20 7050 6500; Macquarie Capital Ltd., Nick Morgan, +44 20 7355 5800

(BNK. BNK)

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