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Press Release 26 June 2002

BG Group appoints Betsy Spomer to head up LNG interests


Betsy Spomer has joined BG Group as Vice President, Global LNG, as well as Chief Executive Officer of BG LNG Services LLC. This is a new position and reflects the growing strategic importance of BG's LNG interests around the world.

Betsy comes to BG after 14 years of international project management and negotiations experience with BP Amoco. Most recently, she has served as BP's LNG Regional Manager, Asia Pacific. In this position, she was responsible for BP's overall LNG business in the Pacific Basin, with particular emphasis on the Guangdong LNG terminal project. Prior to her role in Asia, Betsy served as LNG Regional Manager, Americas, where she was responsible for BP's LNG activities in the Atlantic Basin Region and North America; this included BP's LNG regasification terminal development in the United States, the Caribbean and Mexico.

Bill Friedrich, Deputy Chief Executive, BG Group, said: "I am delighted to welcome Betsy Spomer to BG. Betsy's wealth of experience and expertise in the rapidly growing LNG market will help to drive forward this increasingly important business area for the company."

Betsy has also served as Project General Manager of BP's Trinidad LNG Expansion Project where she managed the implementation of a two train expansion of the Trinidad LNG export project, valued at $1.2 billion. She also held the position of Project General Manager for the Repsol/Scarlet Ibis Project. Her earlier project management positions within BP involved extensive work in Trinidad and South America. Prior to joining BP Amoco, Betsy achieved domestic North American experience through her roles with Tenneco Oil Company and Gulf Oil Company.

Betsy will be based in Houston, Texas, with BG subsidiary, BG LNG Services LLC.

Betsy holds both a Master of Business Administration as well as a Bachelor of Arts Degree in Economics and History from the University of Colorado.

Notes to Editors

BG 's LNG business combines the development and use of LNG export and import facilities with the business of purchasing, shipping and selling LNG.
By applying its extensive experience from the Atlantic LNG export project in Trinidad and Tobago, BG is at the forefront of low cost development of LNG export facilities. BG continues to focus on the application of appropriate technologies and construction methods in the LNG business, primarily in the completion of Atlantic Trains 2 and 3 and through the development of its planned LNG project in Egypt.

BG seeks to use its LNG expertise to deliver its equity gas reserves to market and is selectively developing access to gas markets for these reserves via LNG importation facilities. In the USA, BG LNG Services, LLC has contracted all of the uncommitted capacity at the Lake Charles importation terminal for 22 years beginning in January 2002, while in India and Italy, BG is pursuing greenfield LNG importation projects.

BG has a long history in LNG shipping, and its activities in this area are directed to meet the needs of BG projects. In addition to owning two LNG carriers that are committed on a long-term basis to a third party, BG has charters over four carriers that are contracted to both long-and short-term trades. To add to its shipping fleet, BG has agreed to the delivery of a new 138 000 cubic metre LNG carrier which is due to enter service in the second quarter of 2004 and has secured separate options for a further six new carriers which, if exercised, would provide for the delivery of three carriers in 2005 and three in 2006. In addition BG has entered into a long-term charter for a further new LNG carrier from March 2003.

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