BIOPETROL INDUSTRIES AG
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BIOPETROL presents its Q1 report

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

May 16, 2006. Today, BIOPETROL INDUSTRIES has presented its Q1 Report. The company is fully on target for the first three months of business 2006. The biodiesel producer booked consolidated sales of € 31.5 million, and reported EBIT of € 1.6 million and EBT of € 1.7 million. Consolidated net income for the period ran at € 1.0 million, which translates into EPS for the period of € 0.03.

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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>> Download Q1 Report 2006 [PDF, 68KB]

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