BAU Bema Npv

RNS Number:0804C
Bema Gold Corporation
18 August 2004



BEMA GOLD CORPORATION
("The Company")

The Company announces that it was notified yesterday of the following
transactions by its Directors in the common shares of no par value of the
Company:

  Director     Date of Transaction   Exercise Price  # of Options       Nature of
                                     / Sale Price     Exercised /   Transaction
                                                    Shares Sold
Clive Johnson  August 16, 2004              $1.25       750,000       Exercise of
                                                                    Stock Options
Barry Rayment  August 16, 2004              $1.25       100,000       Exercise of
                                                                   Stock Options
               August 16, 2004            US$2.26        45,000    Shares Sold in
                                                                       the Public
                                                                         Market
Cole McFarland August 16, 2004              $1.25        50,000       Exercise of
                                                                  Stock Options
               August 16, 2004              $3.00           800    Shares Sold in
                                                                       the Public
                                                                         Market
               August 16, 2004              $2.97         9,200    Shares Sold in
                                                                       the Public
                                                                         Market
               August 17, 2004              $3.05        10,000    Shares Sold in
                                                                       the Public
                                                                         Market
               August 17, 2004              $3.07        10,000    Shares Sold in
                                                                       the Public
                                                                         Market
Thomas Allen   August 17, 2004              $1.25       100,000       Exercise of
                                                                  Stock Options
               August 17, 2004              $2.87       100,000    Shares Sold in
                                                                       the Public
                                                                         Market

Unless otherwise noted, all prices are in Canadian dollars.



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

END
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