BW LPG - Option to Acquire 6 million shares in Dorian LPG

Singapore, 28 August 2015


With reference to the announcement made on 20 July 2015 (http://www.bwlpg.com/Media/July-2015/BW-LPG-Option-to-Acquire-Shares-in-Dorian), BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG”) after careful deliberation, has elected not to exercise the option granted from a subsidiary of BW Group Limited, to acquire 6.0 million shares in New York Stock Exchange listed Dorian LPG Ltd (“Dorian”) (NYSE: LPG).

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 38 gas carriers with a total carrying capacity of close to 3 million cbm and a further 672,000 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.


BW LPG press release