BIOPETROL: Company Update

Baar, 12 July 2013: The increase of the share capital resolved by the ordinary share holders meeting of 29 May 2013 has been subscribed in the full amount of CHF 116'374'327.50. The reduction of the share capital by reduction of the par value of the shares and the increase of the share capital have been registered in the commercial register. The company expects the delivery of the newly created shares to the subscribers by 24 July 2013 or even a few days earlier.

About the company:
With its German, Dutch and Swiss subsidiaries, BIOPETROL INDUSTRIES AG, headquartered in Baar (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 also supplied with pharmaceutical grade glycerine.

BIOPETROL INDUSTRIES AG has annual production capacities in Schwarzheide, Rostock and Rotterdam of 1,000,000 tonnes of biodiesel, of which 600,000 tonnes are operational, and 60,000 tonnes of pharmaceutical-grade glycerine.

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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