17 December 2015

Estimates of vessel employment for Q4 2015

(Singapore, 17 December 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 Q4 2015.

Projected revenue days by contract type for Q4 2015 are now as follows:

SegmentVLGCLGC
Q4 2015% of TotalQ4 2015% of Total
Total days
(net of offhire)
3,158436
To Be Fixed2227%194%
Spot71623%12028%
CoA1,41645%--
Timecharter80425%29768%

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 leading and largest very large gas carrier (VLGC) owner and operator based on number of VLGCs and by LPG carrying capacity. BW LPG currently owns and operates 40 gas carriers with a total carrying capacity of over 3.1 million cbm. In addition, BW LPG has 6 VLGC newbuildings under construction 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.