DORIAN LPG LTD. — Director's Dealing 2018

Jul 9, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DORIAN LPG LTD. (LPG)
CIK: 0001596993
Period of Report: 2018-07-05

Reporting Person: BW Group Ltd (10% Owner)
Reporting Person: BW Euroholdings Ltd (10% Owner)
Reporting Person: Sohmen Family Foundation (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-05	Common Stock	P	100	$7.56	Acquired	7826560	Indirect

Footnotes

F1: On July 5, 2018, BW LPG Holding Limited ("LPG Holding") purchased 100 shares of common stock, par value $0.01 per share (the "Common Shares"), of Dorian LPG Ltd. (the "Issuer") in order to become a stockholder of the Issuer eligible to make nominations of individuals to stand for election to the Issuer's Board of Directors. LPG Holding is a wholly-owned subsidiary of BW LPG Limited ("BW LPG"). As of July 9, 2018, BW Group Limited ("BW Group") owns approximately 45% of BW LPG. The Sohmen Family Foundation (the "Foundation") holds 93.25% of BW Group.

F2: BW Euroholdings Limited ("Euroholdings"), a wholly-owned subsidiary of BW Group ("BW Group"), owns 7,826,460 Common Shares. BW Group, the Foundation, Euroholdings, LPG Holding and BW LPG may be considered a group within the meaning of Section 13(d)(3) of the Exchange Act.

F3: Each reporting person disclaims beneficial ownership of the shares reported herein except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that such reporting person is the beneficial owner of the shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. As Euroholdings does not have a pecuniary interest in the 100 shares acquired by LPG Holding, the number of Common Shares it beneficially owns remains 7,826,460.

F4: BW Group, the Foundation and Euroholdings are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act.