BIOPETROL INDUSTRIES AG
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BIOPETROL attracts institutional investors

NB: Please note the disclaimer at the end of this press release

April 27, 2006. Two shareholders of BIOPETROL INDUSTRIES AG have informed the Company that a total of 3,000,000 shares have been assigned to institutional investors as part of a private placement today. The free-float has thus risen from 24.3 % to 32.4 %. 67.6 % of the BIOPETROL shares are held by the Klink family and the management. Their commitment as a majority shareholder has a firm long term focus.

The background of the transaction is the ongoing strong demand for shares from the regenerative energy sector. The increased free float of the biodiesel producer makes the share more appealing to the large retail funds to trade in the share.

The replacement was handled by equinet. The BIOPETROL INDUSTRIES AG equity capital remains unchanged at 37,000,000 CHF.

The Company
BIOPETROL INDUSTRIES AG, based in Zug, Switzerland, produces and distributes premium quality biodiesel and pharmaceutical grade glycerine through its German subsidiaries. Its clients include the mineral oil industry and resellers, large fleet operators and public transport companies. Moreover, pharmaceutical glycerine is supplied to the pharmaceuticals and cosmetics industry.

BIOPETROL INDUSTRIES AG currently produces around 150,000 tons of biodiesel and 30,000 tons of pharmaceutical glycerine per year in Schwarzheide. In early February 2006, the foundation stone for another facility was laid in Rostock. 150,000 tons of biodiesel per year will be produced there from October 2006. In Rotterdam in The Netherlands, the company will erect a production facility for 400,000 tons of biodiesel and 60,000 tons of pharmaceutical glycerine. By the end of 2007, annual capacity should have increased by a factor of five to 750,000 tons of biodiesel.

Disclaimer
This communication is neither an offer to sell nor a request to make an offer to buy or subscribe to securities. There is no public offering of BIOPETROL INDUSTRIES AG securities in connection with the IPO in OTC trading at the Frankfurt Stock Exchange. This communication is not a securities prospectus. This communication and the information it contains are not intended for direct or indirect forwarding to or inside the United States of America, Canada, Australia or Japan.

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