Inclusion Criteria:

Screening must be done within 28 days of study drug administration (laboratory evaluations
must be done within 7 days). For inclusion in the study, patients must fulfill all of the
following criteria:

- Age 18 years.

- Patients should have proven primary HCC according to one of the following criteria:

- Histological evidence of HCC on a biopsy specimen. Patients with the
fibrolamellar subset are excluded, as are any patients with a mixed histology.

- Cytological evidence of HCC is acceptable only if tissue cannot be obtained for
histological evaluation.

- ECOG Performance Status of 0 or 1

- Life expectancy of at least 12 weeks at the pre-treatment evaluation.

- Inoperable tumor (T2-T4, any N, M0 or M1 as defined by the TNM classification)

- Patient considered by the investigator to be appropriate for systemic therapy.

- Patients with at least one measurable lesion by CT-scan or MRI according to the
Recist criteria, performed within 4 weeks prior to start of dosing.

- Patients who have not received any systemic anti-cancer treatment for HCC such as:
chemotherapy, immunotherapy, hormonal therapy, vaccines as well as any systemic agent
given with antineoplastic intent, prior to study inclusion. (previous local therapy
is permitted). Previous treatment with Octreotide is however allowed, provided that
the administration of the drug was discontinued at least 7 days prior enrolment or at
least 28 days if the LAR (long acting release) formulation of the drug was used.

- Patients who have received local therapy, such as: surgery, radiation therapy,
hepatic arterial embolization, chemo-embolization, radio-frequency ablation or
cryo-ablation are eligible, provided that they either have a target lesion which has
not been subjected to local therapy and/or the target lesion(s) within the field of
the local therapy has shown an increase of 25% in the size. Furthermore, the local
therapy applied to target or non-target lesions needs to have been completed at least
8 weeks prior to study inclusion (Lesions treated with external beam radiation
therapy are not acceptable as target lesions, unless they fulfill the conditions
described above).

- Adequate bone marrow, liver and renal function, as assessed by the following
laboratory requirements to be conducted within 7 days prior to screening:

- Hemoglobin 8.5 g/dl

- Absolute granulocytes 1.5 x 109/L

- Platelet count 60 x 109/L

- Total serum bilirubin 3 mg/dl

- ALT (SGOT) and AST (SGPT) 5 x upper limit of normal

- PT-INR 2.3 or PT 6 seconds above control

- Serum creatinine 1.5 x upper limit of normal.

- Cirrhotic status of Child's Pugh class A or B. Child's Pugh class C should be
excluded

- Written Informed Consent must be obtained and documented prior to any study specific
procedures.

Exclusion Criteria:

Patients who meet the following criteria at the time of screening will be excluded;
excluded medical conditions:

- Congestive heart failure defined as NYHA class III or IV.

- Serious cardiac arrhythmias.

- Active coronary artery disease or ischemia.

- Active clinically serious infections (> grade 2 NCI-CTC).

- Known history of HIV infection.

- Known metastatic brain or meningeal tumors.

- History of seizure disorder.

- History of organ allograft.

- Previous malignancy (except for cervical carcinoma in situ, adequately treated basal
cell carcinoma, or superficial bladder tumors [Ta, Tis & T1] or other malignancies
curatively treated > 3 years prior to entry).

- Patients with clinically significant gastrointestinal bleeding within the past month
prior to study entry are ineligible.

Excluded therapies and medications, previous and concomitant:

- Any systemic anticancer treatment or any agent administered with antineoplastic
intent, including chemotherapy, immunotherapy , vaccines or hormonal therapy given
before study entry or during study treatment. Anticancer therapy is defined as any
agent or combination of agents with clinically proven anticancer activity
administered systemically, with the purpose of affecting the cancer, either directly
or indirectly, including palliative and therapeutic endpoints. In certain cases,
local anticancer therapy is allowed. See Inclusion Criteria for details.

- Any surgical procedure within 4 weeks prior to start of study drug.

- Autologous bone marrow transplant or stem cell rescue within 4 months of study entry.

- Use of biologic response modifiers, such as G-CSF, within 3 weeks of study entry.
G-CSF and other hematopoietic growth factors may be used in the management of acute
toxicity, such as febrile neutropenia, when clinically indicated, or at the
discretion of the investigator; however, they may not be substituted for a required
dose reduction. Chronic Erythropoietin treatment prior to the study entry or during
the study is permitted.

- Use of ritonavir and grapefruit juice.

- Prior use of Raf-Kinase inhibitors, MEK or Farnesyl Transferase Inhibitors. Any
investigational drug therapy outside of this trial during or within 4 weeks of study
entry.

Other Exclusion Criteria:

- Pregnant or breast-feeding patients. Women of childbearing potential must have a
negative pregnancy test performed within 7 days of the start of treatment. Both men
and women enrolled in this trial must use adequate barrier birth control measures
(e.g. cervical cap, condom, diaphragm) during the course of the trial. Oral birth
control methods alone will not be considered adequate on this study, because of the
potential pharmacokinetic interaction between SORAFENIB and oral contraceptives.

- Substance abuse, medical, psychological or social conditions that, in the judgment of
the investigator, is likely to interfere with the patient's participation in the
study or evaluation of the study results.

- Known allergy to the investigational agent or any agent given in association with
this trial.

- Any condition that is unstable or could jeopardize the safety of the patient and its
compliance in the study, in the investigator's judgment.