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Largest Operating Company by Daily Volume on the American Stock Exchange NEW YORK, July 14 /PRNewswire/ -- VDM Specialists, LLC today announced that it has commenced the trading of Bema Gold Corporation (NYSE: BGO; TSX), a Vancouver-based intermediate gold producer with operating mines and development projects in Russia, Chile and South Africa, on the New York Stock Exchange (NYSE). Bema was the largest operating company on the American Stock Exchange (AMEX) by trading volume, with an average of more than five million shares traded daily, year-to-date. Bema did not issue additional shares, nor raise capital, as part of the listing. In the past year, nine companies have moved their listings from the AMEX to the NYSE to take advantage of NYSE's market quality, low volatility and deep liquidity. Five out of those nine companies have chosen VDM Specialists as the specialist firm for their transfer to the NYSE. "The move to the NYSE will allow us to continue to deliver value to our shareholders," said Clive T. Johnson, Chairman, CEO and President, Bema Gold Corporation. "VDM Specialists's guidance and support were instrumental in this decision and we expect VDM to play an important role in our enhanced value proposition by providing us with critical market intelligence and ongoing support. VDM Specialists has proven to us that it is not only our trader but also a real partner in the capital markets." VDM serves as specialist for the largest number of metals and mining companies on the NYSE (20) and maintains the largest base of Canadian clients (27). "VDM has a strong pedigree in representing metals and mining companies on the NYSE and is well-positioned to serve Bema, one of the fastest growing gold producers in the world," said Robert Fagenson, CEO of VDM Specialists, LLC. "As Bema's listing demonstrates, VDM Specialists has the depth and expertise to assist companies in moving their listings to the world's most liquid and visible exchange." About Bema Gold Corporation Bema Gold Corporation (NYSE:BGO) is an intermediate gold producer with operating mines and development projects in Russia, Chile, and South Africa. Bema operates the Julietta Mine in Russia, the Petrex Mines in South Africa, and is 50% owner of the Refugio Mine in Chile. By developing its flag ship asset, Kupol (Russia), and continuing to advance the Cerro Casale Project (Chile), Bema is one of the world's fastest growing gold producers with projected production of one million ounces of gold annually by 2009. For more information on Bema Gold Corporation, please visit http://www.bema.com/ . About VDM Specialists, LLC As one of the largest specialist firms on the NYSE, VDM Specialists represents over 400 leading issues including Pfizer, Hewlett-Packard, Disney and Tiffany & Co. In the precious metals mining sector, VDM represents leading firms, including AngloGold Ashanti Ltd., Bema Gold, Coeur d'Alene Mines Corp., Compania de Minas Buenaventura, Harmony Gold Mining Co., IAMGOLD Corp. and Ivanhoe Mines, Ltd. VDM Specialists is part of publicly traded Van der Moolen Holdings NV (NYSE:VDM). For more information about VDM Specialists, please visit http://www.vdm-usa.com/ . DATASOURCE: VDM Specialists, LLC CONTACT: Mark A. Baer, Managing Director, VDM, +1-646-576-2700, , or Media: Sanuber Bilguvar of Gavin Anderson & Company, +1-212-515-1957, , for VDM Web site: http://www.bema.com/ http://www.vdm-usa.com/

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