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BIOPETROL INDUSTRIES AG Baarerstraße 53 / 55 6304 Zug, Switzerland http://www.biopetrol-ind.com
Contact Mr Gerd Rückel +49 69 577030031
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BIOPETROL INDUSTRIES AG

BIOPETROL: Results of the Extraordinary Shareholders' meeting

Approval from BIOPETROL shareholders for capital increase to acquire Dutch Biodiesel BV / Execution of capital increase expected on December 22, 2010

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The Shareholders of BIOPETROL INDUSTRIES AG have approved the proposal for an ordinary increase of the share capital through the issuance of 27,082,885 bearer shares of a nominal value of CHF 1.00 each at an issuance price of (rounded) CHF corresponding to EUR 1.530212 (rounded), converted at the average EUR/CHF conversion rate quoted on Bloomberg at 09.00 a.m. Swiss time. The new capital will be funded though an in kind contribution of all then issued and outstanding shares of Dutch Biodiesel B.V., Rotterdam.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.