2 June 2009

NEW BRITAIN PALM OIL LIMITED 

('NBPOL' or the 'Company')

Directors' Dealing

New Britain Palm Oil Limited (LSE: NBPO) has today been notified that David Dann, the Finance Director of the Company, on 2 June 2009, purchased 30,000 NBPOL ordinary shares of no par value ('NBPOL Shares') on the Port Moresby Stock Exchange at a price of PGK17 (approximately 384p*) per share. The NBPOL Shares purchased represent approximately 0.02 per cent. of the Company's current issued share capital. At the same time Nick Thompson, Chief Executive of the Company, purchased 20,000 NBPOL Shares also on the Port Moresby Stock Exchange at a price of PGK17 per share. The NBPOL Shares purchased by Nick Thompson represent approximately 0.01 per cent of the Company's current issued share capital.

Following these transactions, Mr. Dann's aggregate beneficial interest in the share capital is 151,938 NBPOL Shares, representing approximately 0.1 per cent. of the Company's current issued share capital. Mr Thompson's aggregate beneficial interest in the share capital is 370,021 NBPOL Shares, representing approximately 0.25 per cent. of the Company's current issued share capital.

* Based on a GBP/PGK average interbank rate 4.41009 on 1 June 2009.

Enquiries:

Website: www.nbpol.com.pg