16 September 2015

Estimates of vessel employment for Q3 2015

(Singapore, 16 September 2015)

BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG”) hereby presents its estimates for employment of its vessels by contract type in Q3 2015.

Projected revenue days by contract type for Q3 2015 are now as follows:

SegmentVLGCLGC
Q3 2015% of TotalQ3 2015% of Total
Total ship days3,088460
To Be Fixed1465%112%
Voyage57419%13128%
CoA-spot1495%--
CoA-fixed1,17238%--
TC-fixed97832%31669%
Non-revenue earning*----
Technical offhire692%20%


*Non-revenue earning days are those days where a vessel is technically available for hire but not earning revenue, e.g. no available fixtures; delivery from yard to first charter; redelivery of vessel on completion of charter-in.

For further information, please contact:

Elaine Ong, CA
Chief Financial Officer
BW LPG Limited
Tel: +65 6705 5506
Email: elaine.ong@bwlpg.com

John Papaioannou, CFA
Strategy & Investor Relations Analyst
BW LPG Limited
Tel: +65 6705 5514
Email: john.papaioannou@bwlpg.com

ABOUT BW LPG

BW LPG is the world's largest very large gas carrier (VLGC) owner and operator based on number of VLGCs and by LPG carrying capacity. BW LPG owns and operates 39 gas carriers with a total carrying capacity of 3.1 million cbm and a further 588,000 cbm of capacity on order in Korea. With more than 35 years of operating experience in LPG shipping and experienced seafarers and staff, BW LPG offers a flexible and reliable service to customers. BW LPG is associated with BW Group, one of the world's leading shipping groups. BW Group is involved in oil and gas transportation, floating gas infrastructure, environmental technologies and deep-water production.

This information is subject to disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.