Director Dealings (Bankers Petroleum)

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

    AIM: BNK

    CALGARY, July 4 /CNW/ - The Company announces that on 3rd of July 2008 it
was notified that the following members of Bankers' Board and officers
exercised the following options on the 2nd of July:

    Director      Options     Exercise     Sale      Total Number of Common
                Exercised     Price        Price     Shares After Transaction
    -------------------------------------------------------------------------
    Richard
     Wadsworth     66,000     CDN$0.52       n/a              736,000
    President
     & COO

    Wolf
     Regener      720,000     CDN$0.80       n/a            2,353,333
    Executive
     V.P.

    Victor        700,000     CDN$0.22       n/a            6,250,000
     Redekop      130,000     CDN$0.64       n/a
    Director      120,000     CDN$0.52       n/a

    John
     Zaozirny      41,666     CDN$0.52       n/a            1,216,664
    Director


    The Company announces that on 30th of June 2008 the Company granted the
following options, all of which are exercisable into common shares of the
Company at a price of CDN$1.80, to new Directors of the Company:

    Director                                                 Options Granted
    -------------------------------------------------------------------------
    Phil Knoll                                                   450,000
     Director

    Wesley Clark                                                 450,000
     Director


For further information: Susan J. Soprovich, VP, Investor Relations and
Corporate Governance, Ph: (403) 513-2681, Email:
investorrelations(at)bankerspetroleum.com, Website: www.bankerspetroleum.com;
AIM NOMAD: Canaccord Adams Limited, Ryan Gaffney, Adam Janikowski, +44 20 7050
6500
(BNK)

 



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