Director Shareholding

RNS Number:3530S
Bema Gold Corporation
21 November 2003



          FOR IMMEDIATE RELEASE                      21 NOVEMBER 2003

                             BEMA GOLD CORPORATION
                                ("The Company")

                             DIRECTOR SHAREDEALING

The Company announces that it was notified on 17 November 2003 of the following
transactions by Directors in the common shares of no par value of the Company:

-- Directors Share Sales --

DIRECTOR                 DATE OF SALE             SALE PRICE       SHARES SOLD

Clive Johnson            Oct 31, 2003               $4.22                28,600
                          Nov 4, 2003               $4.06               130,000
                          Nov 4, 2003               $4.07                40,000
                          Nov 4, 2003               $4.02                10,000
                          Nov 4, 2003               $4.04                40,000
                          Nov 4, 2003               $4.05                50,000
                          Nov 4, 2003               $4.08                10,000
                          Nov 5, 2003               $4.14                10,700
                          Nov 5, 2003               $4.11                    74
Cole McFarland            Nov 3, 2003               $4.18                10,000
                          Nov 3, 2003               $4.21                10,000
                          Nov 6, 2003               $4.18                10,000
                         Nov 12, 2003               $4.20                10,000
                         Nov 12, 2003               $4.22                10,000
Barry Rayment            Nov 11, 2003             US$3.09                10,000
                         Nov 11, 2003             US$3.08                90,000


-- Exercise of Options --

                                                                  COMMON SHARES
                                                            GRANTED AS A RESULT
DIRECTOR              DATE OF EXERCISE     EXERCISE PRICE       OF THE EXERCISE

Cole McFarland            Oct 31, 2003              $1.04                50,000
Clive Johnson              Nov 5, 2003              $1.04               250,000
Barry Rayment              Nov 7, 2003              $1.25               100,000
Eulogio Perez-Cotapos     Nov 14, 2003              $1.49               100,000
Erwin Haas                Nov 17, 2003              $1.25               130,000


Unless otherwise noted, all prices are in Canadian dollars.



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

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