24 November 2016

Financial results for Q3 2016

This announcement is not for release, publication or distribution (directly or indirectly) in or to the United States, Canada, Australia or Japan.

It is not an offer of securities for sale in or into the United States, Canada, Australia, the Hong Kong Special Administrative Region of the People's Republic of China, South Africa or Japan.

BW LPG announces financial results for Third Quarter 2016

(Singapore, 24 November 2016)

BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG”) is pleased to provide its third quarter financial results for 2016.

BW LPG Q3 2016 Condensed Consolidated Interim Financial Information

BW LPG Q3 2016 Earnings Presentation

In connection with its third quarter 2016 earnings release, BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG”) will hold an investor presentation with Martin Ackermann (CEO) and Elaine Ong (CFO).

Date : Thursday, 24 November 2016


Local Time

Universal Time

Oslo, Norway

08:00 AM CET

UTC + 1 hour

New York, U.S.A

02:00 AM EST

UTC - 5 hours


15:00 PM SGT

UTC + 8 hours

CET – Central European Time EST – Eastern Standard Time SGT – Singapore Time

The investor presentation will be available via audio webcast which can be accessed at http://edge.media-server.com/m/p/ebd2rgmm

Please dial in 10-15 minutes prior to the scheduled start time with the respective telephone numbers and conference passcode provided below. The webcast will be available on BW LPG’s website, www.bwlpg.com as soon as possible after the presentation.

Conference Passcode: 3952303



Amsterdam, Netherlands:


Bahrain, Manama:


Bangalore, India:


Beijing, China:


Brussels, Belgium:


Copenhagen, Denmark:


Dublin, Ireland:


Geneva, Switzerland:


Helsinki, Finland:


Hong Kong, Hong Kong:


Johannesburg, South Africa:


Kuala Lumpur, Malaysia:


Lisbon, Portugal:


London, United Kingdom:


Madrid, Spain:


Moscow, Russia:


Mumbai, India:


New York, United States of America:


Oslo, Norway:


Paris, France:


Prague, Czech Republic:


Rome, Italy:

+3906 8750 0879

Seoul, Republic of Korea:

+82(0)2 3483 1968

Singapore, Singapore:

+656622 1966

Stockholm, Sweden:

+46(0)8 5065 3931

Tel Aviv, Israel:

+9723721 7906

Tokyo, Japan:

+81(0)3 4455 6449

Vienna, Austria:

+43(0)1 25302 1770

Warsaw, Poland:

+4822 584 4254

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

Senior Manager, Strategy & Investor Relations

BW LPG Limited

Tel: +65 6705 5514

Email: john.papaioannou@bwlpg.com

About BW LPG

BW LPG is the world's leading owner and operator of LPG vessels. BW LPG currently owns and operates 43 Very Large Gas Carriers (VLGC) and Large Gas Carriers (LGC) with a total carrying capacity of over 3.1 million cbm. In addition, BW LPG has 4 VLGC newbuildings under construction. With more than 37 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.


This announcement is not an offer to sell or a solicitation of offers to purchase or subscribe for securities of BW LPG Limited. This announcement is not a prospectus for the purposes of Directive 2003/71/EC (as amended, together with any applicable implementing measures in any Member State, the "Prospectus Directive"). Copies of this announcement may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law. The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, in any jurisdiction in which such offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction. A decision to invest in securities of BW LPG Limited referred to in this announcement should be based exclusively on the prospectus published by BW LPG Limited for such purpose.

This announcement does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States or any other jurisdiction. Securities may not be offered or sold in the United States unless they have been registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or are exempt from registration. The shares of BW LPG Limited that are being offered in the offer referred to in the report/presentation have not been and will not be registered under the Securities Act, and BW LPG Limited does not intend to make a public offering of its shares in the United States. The information contained herein does not constitute an offer of securities to the public in the United Kingdom. No prospectus offering securities to the public will be published in the United Kingdom. The shares are only being distributed to and are only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons").

The new shares are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such shares will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on the report/presentation or any of its contents in relation to the new shares.


The offer referred to in the report/presentation has been made for the shares of Aurora LPG, a Norwegian company, and is subject to Norwegian disclosure requirements, which are different from those of the United States. This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares of Aurora LPG. BW LPG has disseminated an Offer Document as required by applicable law and shareholders of Aurora LPG should review the Offer Document carefully.