Stolt-nielsen

Earnings Release • Sep 23, 2010

Stolt Bitumen Services Orders Two 3,500 Deadweight Ton Bitumen Tankers

LONDON, September 23, 2010 - Stolt-Nielsen S.A. (Oslo Børs: SNI) announced today

that its wholly owned subsidiary Stolt Bitumen Services (SBS) signed an

agreement with Nanjing East Star Shipbuilding in China for the purchase of up to

four 3,500 deadweight ton (dwt) bitumen tanker newbuildings due for delivery

from March 2012.  Under the terms of the agreement, SBS has placed firm orders

for two ships and holds options to purchase two additional ships.

Mr. Niels G. Stolt-Nielsen, Chief Executive Officer of SNSA, said, "Our bitumen

fleet newbuilding programme is part of SBS's ongoing development of a

distribution network in Asia-Pacific, including terminals, bitumen tankers and

bitutainers.  With the addition of these new high quality newbuildings, SBS will

operate four bitumen tankers to meet the growing transportation requirements of

our customers."

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#1446366]