Stolt-nielsen

Board/Management Information • Jul 12, 2010

Stolt-Nielsen S.A. Proposes Plan to Migrate Parent Company to Bermuda

LONDON, July 12, 2010 - Stolt-Nielsen S.A. (Oslo Børs: SNI) today announced a

proposed plan to migrate the location of the parent company to Bermuda from

Luxembourg, where SNSA is currently registered.

Luxembourg's special holding company regime will end as of December 31, 2010, as

part of ongoing initiatives to harmonise laws and regulations among the member

states of the European Union. The proposed move is intended to enable the

Company and its shareholders to continue to benefit from a legal structure

similar to that which the Company has experienced as a holding company in

Luxembourg since 1974.

The proposal is subject to the approval of SNSA shareholders and will be voted

upon at an Extraordinary General Meeting of Shareholders to be held in

Luxembourg at a date to be determined.  If approved, the migration of SNSA to

Bermuda is expected to be completed by the close of SNSA's fiscal year on

November 30, 2010.  The migration is not expected to result in any significant

practical changes, from either a shareholder perspective or in terms of the

Company's functional structure, locations or operations.  Shares would continue

to be traded on the Oslo Børs.

Commenting on the announcement, Mr. Niels G. Stolt-Nielsen, Chief Executive

Officer of SNSA, said: "The Board of Directors of SNSA and the Company's

management are confident that this proposal, if approved, will enable the

Company to continue to optimise the benefits of its current structure."

For additional information please contact:

Jan Chr. Engelhardtsen

Chief Financial Officer

UK +44 (0) 20 7611 8972

j.engelhardtsen@stolt.com

Jens F. Grüner-Hegge

V.P. Corporate Finance

UK +44 (0) 20 7611 8985

j.gruner-hegge@stolt.com

About Stolt-Nielsen S.A.

Stolt-Nielsen S.A. (SNSA or the "Company") is a leading global provider of

integrated transportation solutions for bulk liquid chemicals, edible oils,

acids, and other specialty liquids through its three largest business divisions,

Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers. Stolt Sea Farm

produces and markets high quality turbot, sole, sturgeon, and caviar.

Stolt-Nielsen Gas transports liquefied petroleum gas (LPG) with its growing

fleet of very large gas carriers (VLGCs). Stolt-Nielsen S.A. is listed on the

Oslo Stock Exchange.

Forward-Looking Statements

This press release contains "forward-looking statements" based on information

available to the Company on the date hereof, and the Company assumes no

obligation to update any such forward-looking statement. These statements may be

identified by the use of words like "anticipate," "believe," "estimate,"

"expect," "intend," "may," "plan," "project," "will," "should," "seek," and

similar expressions. The forward-looking statements reflect the Company's

current views and assumptions and are subject to risks and uncertainties. The

Company does not represent or warrant that the Company's actual future results,

performance or achievements will be as discussed in the those statements, and

assumes no obligation to, and does not intend to, update any of those

forward-looking statements other than as may be required by applicable law.

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1430938]