(10 January 2024) 

On 9 January 2024, the Board of Directors of BW LPG Limited ("BW LPG", the
"Company", OSE ticker code: "BWLPG.OL") approved the accelerated vesting of
113,600 share options awarded to Mr Niels Rigault, Executive Vice President
(Commercial), on 1 Mar 2021 under the five-year long-term management share
option plan ("LTIP 2017"). 

The exercised options were settled by the Company via a transfer of treasury
shares which the Company has bought in the market for this purpose. Following
the transfer, the Company holds 8,812,505 treasury shares.

Mr Rigault exercised these 113,600 options at a strike price of NOK 8.5168 each
and sold 113,600 shares in BW LPG in the market at an average price of NOK
162.5185 each. Please refer to the attached for further details.


For further information, please contact:

Kristian Sørensen
Chief Executive Officer 
E-mail: kristian.sorensen@bwlpg.com 

Samantha Xu
Chief Financial Officer
E-mail: samantha.xu@bwlpg.com 


About BW LPG 
BW LPG is the world's leading owner and operator of LPG vessels, owning and
operating Very Large Gas Carriers (VLGC) with a total carrying capacity of over
3 million CBM. With five decades of operating experience in LPG shipping and
experienced seafarers and staff, BW LPG offers a flexible and reliable service
to customers. More information about BW LPG can be found at www.bwlpg.com. 

BW LPG is associated with BW Group, a leading global maritime company involved
in shipping, floating infrastructure, deepwater oil & gas production, and new
sustainable technologies. Founded in 1955 by Sir YK Pao, BW controls a fleet of
over 490 vessels transporting oil, gas and dry commodities, with its 200 LNG and
LPG ships constituting the largest gas fleet in the world. In the renewables
space, the group has investments in solar, wind, batteries, biofuels and water
treatment.

This information is subject to the disclosure requirements pursuant to Article
19 of the EU Market Abuse Regulation and Section 5-12 of the Norwegian
Securities Trading Act.

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