57OT Hsbc Bk. 25

RNS Number:8576Y
Bergesen d.y. ASA
14 February 2001




               BEA - BERGESEN ORDERS A 59,200 CBM GAS CARRIER
               ----------------------------------------------

Bergesen has entered into an agreement with the Japanese yard Kawasaki Heavy
Industries Ltd. for construction of a fully refrigerated LPG/Ammonia carrier of
59,2000 cbm.  The vessel will from delivery be employed in Bergesen's LGC-pool.

The vessel shall be delivered within 30.09.2003.  The contract price is about
USD 57 million.

Bergesen has an option to order a second vessel of the same type for delivery
within 31.12.2003.

The contract will contribute to a renewal of Bergesen's LGC-fleet, currently
consisting of 13 vessels.  One vessel was sold for demolition in 2000.  In
addition to Bergesen's own vessels, 6 vessels owned by others are participating
in Bergesen's LGC-pool.

Bergesen's pool-partner, Solvang ASA, has entered into an agreement with the
same yard to build a similar vessel for delivery within 31.03.2003, with option
for a second vessel for delivery within 31.03.2004.

Contact person: Svein Erik Amundsen, Managing Director, 
                Telephone: +47 22 12 05 13

Other information about Bergesen is available at: www.bergesen.no

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