Director Shareholding

RNS Number:3354U
Bema Gold Corporation
16 January 2004


FOR IMMEDIATE RELEASE
16 JANUARY 2004


BEMA GOLD CORPORATION
("The Company")

DIRECTOR SHAREDEALING


The Company announces that it was notified on 14 January 2004 of the following
transactions in the common shares of no par value of the Company by the Spouse
of a Director of the Company:

Director                              Date of Sale            Sale Price $             Shares Sold
Carolyn Cross (Garroch)          December 10, 2003                5.34                      20,400
                                 December 10, 2003                5.32                      29,600
                                 December 10, 2003                5.29                      29,800
                                 December 10, 2003                5.32                      20,200
                                 December 11, 2003                5.21                      20,000
                                 December 11, 2003                5.22                      10,000
                                 December 11, 2003                5.20                       9,200
                                 December 11, 2003                5.17                      23,300
                                 January 8, 2004                  4.93                      14,500
                                 January 8, 2004                  4.92                      25,500
                                 January 8, 2004                  4.94                      10,000
                                 January 9, 2004                  5.05                      50,000

All $ are in Canadian dollars.


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