BIOPETROL INDUSTRIES AG
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BIOPETROL appoints Uwe Jurgensen to Vice-Director Sales of BIOPETROL INDUSTRIES AG

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

Zug, 10 March 2008. At its meeting on 10 March 2008, the board of directors of BIOPETROL INDUSTRIES AG appointed Mr Uwe Jurgensen to be the company's Vice-Director Sales.

Uwe Jurgensen is Dutch, holds a US passport, and has been with BIOPETROL since 2006. He began his professional career within the group as Sales Manager of BIOPETROL TRADING ZUG AG and Managing Director of BIOPETROL ROTTERDAM B.V.

He was promoted to the position of Vice-Director of BIOPETROL TRADING ZUG AG in 2007 and took over the chairmanship of the board of management of BIOPETROL ROTTERDAM B.V. With his present appointment, Mr Jurgensen moves up to join the management of the group's parent company, BIOPETROL INDUSTRIES AG, Zug, Switzerland.

Before beginning his career with case BIOPETROL, Mr Jurgensen spent 16 years in a number of business areas for the Shell international oil group, in sales, marketing, and distribution. Like his colleagues, he enjoys excellent contacts in the oil industry. CEO Klaus Henschel: "With Mr Jurgensen we are consolidating the internationalisation of our management team, which already numbers Gordon Mehrtens (British) as CFO, and we are adapting our management structure to the unfolding business."

About the company:
With its German, Dutch and Swiss subsidiaries, BIOPETROL INDUSTRIES AG, which has its head office in Zug (Switzerland), produces and sells biodiesel and pharmaceutical-grade glycerine of the highest quality. Among our customers are the oil industry and oil traders, large-scale fleet operators, public short-distance transport, as well as the agricultural and construction industries. The pharmaceuticals and cosmetics industries are in addition supplied with bioglycerine of pharmaceutical quality.

At the present date, BIOPETROL INDUSTRIES AG has annual production capacity in Schwarzheide and Rostock of around 350,000 t of biodiesel and 30,000 t of pharmaceutical-grade glycerine. In Rotterdam, BIOPETROL is building an installation with an annual productive capacity of 400,000 t of biodiesel and 60,000 t of bioglycerine. By 2008, annual capacity should then be more than doubled to a total of 750,000 t of biodiesel. Further expansion of capacity in Rotterdam is planned. We are working actively on extending our product range, based on the coproduct bioglycerine.

Disclaimer
This press release represents neither an offer for sale nor a request for the submission of an offer to purchase or subscribe to securities. This announcement and the information contained therein are not intended to be directly or indirectly passed on to or within the United States of America, Canada, Australia or Japan.

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