“While IFC providesfinancing to help improve recovery rates and accelerate domestic oilproduction, we also help the company to contribute to environmentalremediation initiatives aimed at improving living conditions in thesurrounding area.”"With this project, the EBRD is providing much-needed long-term fundingto support private investments in the Albanian oil sector. By investing tomodernise in Bankers Petroleum’s operations, the Bank is helping to revamp theoil industry in Albania, by fostering further privatisation and helping sethigh standards of environmental management”, said Paul Shapiro, the EBRDOperations Leader for the Project. The on-shore oil deposits are an importantsource of public revenue and energy security for Albania which can now lookforward to more sustainable and efficient development further explained KevinBortz, Director EBRD Natural Resources Team.Caution Regarding Forward-looking InformationInformation in this news release respecting matters such as the expectedfuture production levels from wells, future prices and netback, work plans,anticipated total oil recovery of the Patos Marinza and Kuçova oil fieldsconstitute forward-looking information. Statements containing forward-lookinginformation express, as at the date of this news release, the Company’s plans,estimates, forecasts, projections, expectations, or beliefs as to futureevents or results and are believed to be reasonable based on informationcurrently available to the Company.Exploration for oil is a speculative business that involves a high degreeof risk. Actual results and future events could differ materially fromthose anticipated in such statements. Readers should not place undue relianceon forward-looking information and forward-looking statements.About Bankers Petroleum Ltd.Bankers Petroleum Ltd.

is a Canadian-based oil and gas exploration andproduction company focused on developing large oil and gas reserves. InAlbania, Bankers operates and has the full rights to develop both the PatosMarinza and the Kuçova heavy oil fields. Bankers’ shares are traded on theToronto Stock Exchange and the AIM Market in London, England under the stocksymbol BNK.International Finance Corporation – World Bank GroupIFC Supports Modernization of Albania’s Oil and Gas Industry andSustainable Environmental PracticesWashington, D.C./Tirana, Albania, May 11, 2009 – IFC, a member of theWorld Bank Group, has agreed to support the further privatization of the PatosMarinza oilfield in southern Albania to help revive an outmoded industry andpromote the reduction of pollution in the area.IFC has approved a US$50 million loan plus a special-purposeenvironmental-term loan of US$5 million to Bankers Petroleum Ltd, a Canadianoil and gas company. IFC may also make an equity investment of up to 12million Canadian dollars. The European Bank for Reconstruction and Development(EBRD) is providing equal amounts.Bankers Petroleum has been operating a small portion of the Patos Marinzaoilfield since 2004. The current expansion of Bankers’ operation willmodernize the oilfield, transferring specialized technical know-how andexperience to a largely local workforce.

This will contribute revenues to theAlbanian government and help promote much-needed foreign direct investment inthe country’s hydrocarbon sector.”IFC’s financial support at this time of tight credit markets is vital tocarrying out a large development project at Patos Marinza,” said Abby Badwi,CEO of Bankers Petroleum. “We particularly appreciate their expertise inhelping us to involve other stakeholders in tackling the significantenvironmental remediation needs in the oilfield. In addition, this sizablelong-term investment will allow our company continued access to competitiveand sustainable financing arrangements to fund currently planned and futuregrowth opportunities in Albania.”Patos Marinza is severely polluted following decades of ownership by thestate-owned operator Albpetrol. Bankers will clean up existing wells takenover from Albpetrol and help reduce pollution and oilfield-contamination risksas they expand their activities in the area.”This project is a good example of how investing in the private sectorcan lead to tangible benefits for people on the ground,” said Somit Varma,IFC’s Global Head for Oil, Gas, Mining, and Chemicals. “While IFC providesfinancing to help improve recovery rates and accelerate domestic oilproduction, we also help the company to contribute to environmentalremediation initiatives aimed at improving living conditions in thesurrounding area.”The United Nations Development Program has classified the Patos Marinzaarea as one of Albania’s pollution hotspots. As the clean-up takes a widereffort involving many more stakeholders than Bankers alone, IFC and EBRD havehelped establish a multi-stakeholder working group to formulate environmentaland social strategies and initiatives. IFC has engaged with Albanianministries to secure their support and leadership on this initiative, as wellas with the European Union to align ongoing initiatives.About IFCIFC, a member of the World Bank Group, creates opportunity for people toescape poverty and improve their lives.

We foster sustainable economic growthin developing countries by supporting private sector development, mobilizingprivate capital, and providing advisory and risk mitigation services tobusinesses and governments. Our new investments totaled $16.2 billion infiscal 2008, a 34 percent increase over the previous year. * Potential bidders for Saab narrowed to a few Stocks  |  Mergers & Acquisitions  |  Italy  |  Bankruptcy * Company hopes process to be complete by early summer (Adds background, further quotes) STOCKHOLM, May 11 (Reuters) – Swedish carmaker Saab said onMonday the field of potential bidders for the General MotorsGM.N unit had been narrowed down to a few candidates with afinal sale to be agreed hopefully sometime in early summer. Saab sought protection from creditors in February to buytime to find a new owner after GM said it would cut ties withthe brand by Jan 1, 2010. Sources told Reuters last week GM was running due diligenceon 10 bidders for the company out of an original field of 27with which it had signed confidentiality agreements.