RNS Number:1273K
Bluewater Bio International
18 December 2007

                          Bluewater Bio International
                         ("Bluewater" or "the Company")

                              DIRECTOR'S DEALINGS

Bluewater was notified yesterday that BI Lipworth & Co. Limited ("BI Lipworth")
acquired 250,000 ordinary shares of 0.5p each in the Company ("Ordinary Shares")
in the market on 14 December 2007 at a price of 11.75p per Ordinary Share.
Bertrand Lipworth, a non-executive director of the Company, is the principal of
BI Lipworth, which is now interested in 3,116,724 Ordinary Shares representing
approximately 1.45 per cent. of the Company's issued share capital.

Enquiries:

Daniel Ishag, CEO
Bluewater Bio International
Tel: +44(0)20 7751 4401

James Harris/Angela Peace
Strand Partners
Tel: +44(0)20 7409 3494

John Bick
Hansard Group
Tel: +44(0)20 7245 1100




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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