28 May 2021

Mandatory Notification of Trade - BW LPG Block Sale

(Singapore, 28 May 2021)

Reference is made to the stock exchange notice published on 27 May 2021 regarding the completion of a block sale of existing shares in BW LPG Limited by BW Group Limited.

BW Group Limited has sold 5,800,000 shares in BW LPG Limited on 27 May 2021 at an average price of NOK 60.00 per share. Following this transaction, BW Group Limited holds 56,807,126 shares (40.02%) in BW LPG Limited. Please refer to the attached for further details.

For further information, please contact:

Elaine Ong, CPA, CA
Chief Financial Officer
Tel: +65 6705 5506

E-mail: elaine.ong@bwlpg.com

Iver Baatvik
Head of Investor Relations and Corporate Development
Tel: +65 6705 5519

E-mail: iver.baatvik@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 420 vessels transporting oil, gas and dry commodities, with its 190 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 disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.