RNS Number:7169D
Bema Gold Corporation
30 May 2006

Bema Gold Corporation ("the Company")



The Company was informed on 25 May 2006 that Thomas Allen, a director of the
Company, exercised options over 65,000 common shares in the Company at a price
of CAD$0.31 per share. Following this exercise, Mr Allen disposed of 40,000
common shares in the Company on 24 and 25 May 2006, at prices between CAD$5.18
and CAD$5.50. As a result, Mr Allen's total holding now stands at 35,000 common
shares in the Company.


Full details of the transactions are set out below.


Date of Transaction     Number of shares     Exercise Price  Common Shares sold    Price at which sold
                      received as a result                  in the public market          (CAD)
                       of the exercise of        (CAD)
                          stock options
    May 24, 2006             65,000              $0.31               -                      -
    May 24, 2006                -                  -               5,000                  $5.44
    May 24, 2006                -                  -               5,000                  $5.18
    May 24, 2006                -                  -               4,000                  $5.21
    May 24, 2006                -                  -               2,000                  $5.23
    May 24, 2006                -                  -               2,000                  $5.25
    May 24, 2006                -                  -               2,000                  $5.27
    May 25, 2006                -                  -               5,000                  $5.31
    May 25, 2006                -                  -               2,000                  $5.33
    May 25, 2006                -                  -               4,000                  $5.34
    May 25, 2006                -                  -               2,000                  $5.35
    May 25, 2006                -                  -               2,000                  $5.36
    May 25, 2006                -                  -               2,000                  $5.43
    May 25, 2006                -                  -               3,000                  $5.50
       Total                 65,000                               40,000






                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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