3 May 2024

The board of directors of BW LPG Limited ("BW LPG" or the "Company") propose to
implement a scheme of arrangement (the "Scheme") between the Company and its
shareholders pursuant to Section 99 of the Bermuda Companies Act 1981 as amended
(the "Bermuda Companies Act") in order to effect a discontinuance of the Company
from Bermuda and continuance to Singapore in accordance with the provisions of
Section 132G of the Bermuda Companies Act and Part 10A of the Singapore
Companies Act 1967 (the "Redomiciliation"). 

There will be a hearing on 15 May 2024 at 9:30 a.m. (Bermuda time) at which the
Supreme Court of Bermuda will be asked to give directions as to the convening of
a meeting of shareholders of the Company that are eligible to vote on the
Scheme. 

Please see the attached practice statement letter for further information about
the proposed Scheme and the court hearing which has been distributed to the
shareholders today. Further information about the Scheme and the effects of the
Redomiciliation will be made available to the shareholders following the court
hearing.  

Subject to the Scheme being effective, the proposed Redomiciliation will be
carried out by way of a discontinuance and continuance process, whereby the
Company is continued into Singapore as the same company. Under Singapore law,
the transfer of domicile will be a direct redomiciliation from Bermuda, and the
Company will accordingly have the same assets and liabilities as prior to
redomiciling. The board of directors and the management of the Company will also
remain the same. 

The Company's name BW LPG and ticker on the Oslo Stock Exchange and the New York
Stock Exchange will remain the same after the Redomiciliation. Following the
Redomiciliation, the Company will have a new company registration number and the
Company's shares will have a new CUSIP and a new ISIN code, but the Company will
retain its LEI code. The Company's registered office will be the current office
address in Singapore, 10 Pasir Panjang Road, #17-02, Mapletree Business City,
Singapore 117438.

The effective date of the Redomiciliation is expected to be in Q3 2024. 


For further information, please contact:

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,
experienced employees and an in-house LPG trading division, BW LPG offers an
integrated, flexible, and reliable service to customers. More information about
BW LPG can be found at https://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 disclosure requirements pursuant to Section 5-12
of the Norwegian Securities Trading Act.

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