BANKERS PETROLEUM LIMITED: Director/PDMR Shareholding

November 19, 2012

AIM: BNK

Bankers Petroleum Ltd. ("Bankers" or the "Company")

Director Shareholdings

The Company announces that on November 14, 2012 it granted the following stock options, all of which are exercisable into common shares of the Company at a price of $2.62 Cdn. per share, to Directors and Executive Officers of the Company, in accordance with the Company's Employee Stock Option Plan:

Name No. of Options Granted

Abdel F. (Abby) Badwi 810,000

President, Chief Executive Officer and Vice Chair

Douglas C. Urch 567,000

Executive Vice President, Finance and Chief Financial Officer

Suneel Gupta 635,500

Executive Vice President and Chief Operating Officer

Craig Nardone 396,800

Vice President, Exploration and Development

Leonida Cobo 403,700

Vice President and General Director,

Bankers Petroleum Albania Limited

Mark Hodgson 362,500

Vice President, Business Development

Bayne Assmus 425,300

Vice President, Production and Operations

Robert Carss, 237,000

Vice President, Health, Safety, Social and Environment

Richard Pawluk 40,500

Corporate Secretary

Robert Cross 121,500

Chairman and Director

Eric Brown 81,000

Director

Jonathan Harris 81,000

Director

John Zaozirny 81,000

Director

Phil Knoll 81,000

Director

Wesley Clark 81,000

Director

Ian McMurtrie 267,000

Director

The options will expire on November 13, 2017 and are subject to the following vesting provisions: one-third shall vest and become exercisable immediately; one-third shall vest and become exercisable on each of the first and second anniversaries of the date of grant.

The Company announces that on November 14, 2012 it was notified that a Director sold the following shares:

                                                    Total Sale   Total Number of   

Name                Date of Sale    Shares Sold  Price (Cdn.  Common Shares 
Held
                                                     $)       After Transaction 
                                                                                

Eric Brown                          15,000          38,250.00                   
                  November 14, 2012                               (1) 86,166    

Director                            (1) 8,461   (1) 21,998.60                   
                                                                                


(1)     Transfer of shares from personal trading account to registered
retirement savings account - no change in beneficial ownership. 

The Company announces that on November 14, 2012 it was notified a Director exercised a portion of his stock option, thereby acquiring the following shares:

    Name                     Date of         Stock Options       Exercise Price    
                         Exercise        Exercised           (Cdn.$)           

Robert Cross November 14,

2012 60,000 1.35 Director

The Company announces that on November 15, 2012 it was notified that a Director sold the following shares:

                                                    Total Sale   Total Number of   

Name                Date of Sale    Shares Sold  Price (Cdn.  Common Shares 
Held
                                                     $)       After Transaction 
                                                                                

Jonathan Harris                                                                 
                  November 15, 2012 11,667          27,766.29      171,667      

Director                                                                        
                                                                                

The Company announces that on November 15, 2012 it was notified a Director exercised a portion of his stock option, thereby acquiring the following shares:

    Name                     Date of         Stock Options       Exercise Price    
                         Exercise        Exercised           (Cdn.$)           

Jonathan Harris November 15,

2012 56,667 1.35 Director

For further information, contact:

Doug Urch Executive VP, Finance and Chief Financial Officer Ph: (403) 513-2691 Email: investorrelations@bankerspetroleum.com

Website: www.bankerspetroleum.com

AIM NOMAD:

Canaccord Genuity Limited Henry Fitzgerald-O'Connor +44 20 7523 8000

AIM JOINT BROKERS:

Canaccord Genuity Limited Macquarie Capital Advisors Paul Connolly Henry Fitzgerald-O'Connor +44 20 3037 5639 +44 20 7523 8000

END

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