BAU Bema Npv

RNS Number:4220H
Bema Gold Corporation
17 January 2005


BEMA GOLD CORPORATION
("The Company")

Further re: DIRECTOR SHAREDEALING

The Company announces that the notification made 10 January 2005, included below
for reference, was made in error. The options indicated below were not
exercised, and Mr Eulogio Perez-Cotapos holdings in the Company remains
unchanged.

On 10 January 2005, the Company announced:

"RNS Number:1648H
Bema Gold Corporation
10 January 2005

BEMA GOLD CORPORATION
("The Company")

DIRECTOR SHAREDEALING

The Company was notified 7 January 2005 of the following dealings in the common
shares of no par value of the Company by its Directors:

Director                  Date of Exercise       Exercise      Common shares
                                                 Price         granted as a
                                                               result of
                                                               the exercise

Eulogio Perez-Cotapos     4 January 2005         $1.49         150,000

Pursuant to the exercise of options, application has been made for 150,000
common shares to be admitted to AIM and dealings are expected to commence 17
January 2005.

Unless otherwise indicated all prices are in Canadian Dollars.
This information is provided by RNS

The company news service from the London Stock Exchange
END"


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

END
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