BANKERS PETROLEUM LIMITED: Director and Executive Officer Shareholding

BANKERS PETROLEUM LIMITED: Director and Executive Officer Shareholding
AIM: BNK 
Bankers Petroleum Ltd. ("Bankers" or the "Company") 
Director and Executive Officer Shareholding 
The Company announces that on March 21, 2013 it granted the following stock
options, all of which are exercisable into common shares of the Company at a
price of Cdn$2.92 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                      828,000        
President, Chief Executive Officer                        
and Vice Chair                                             
                                                      
Ian McMurtrie                              112,000        
Director                                                   
                                                      
Douglas C. Urch                            112,000        
Executive Vice President, Finance                         
and Chief Financial Officer                                
                                                      
Suneel Gupta                                28,000        
Executive Vice President and Chief                        
Operating Officer                                          
                                                      
David French,                             2,000,000       
President and Chief Executive                             
Officer (effective April 1, 2013)                          
The options will expire on March 20, 2018 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 March 21, 2013 it granted the following
performance share purchase warrants to an Executive Officer of the Company,
which are exercisable into common shares of the Company at an exercise price of
Cdn$2.92 per share as set forth below: 
Name                                No. of Warrants     
                                Granted                
                                                      
David French,                              600,000        
President and Chief Executive                             
Officer (effective April 1, 2013)                          
The share purchase warrants will expire on March 20, 2016 and are subject to
the following vesting provisions: one-third shall vest and become exercisable
when the shares of the Company are trading at a price of Cdn$4.00 per share and
above; one-third shall vest and become exercisable when the shares of the
Company are trading at a price of Cdn$4.50 per share and above; and one-third
shall vest and become exercisable when the shares of the Company are trading at
a price of Cdn$5.00 per share and above. 
As at March 21, 2013, the Company had 253,871,984 issued and outstanding common
shares. 
For further information, contact:
Doug Urch
Executive Vice President, 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 0 207 523 8000 
AIM BROKER:
FirstEnergy Capital LLP
Hugh Sanderson / David van Erp
+44 0 207 448 0200 
                                                                             
END 
-0- Mar/26/2013 08:00 GMT