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Stolt-nielsen Share Issue/Capital Change 2010

Mar 4, 2010

Share Issue/Capital Change

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In February 2010 there were no stock options

exercised by employees of Stolt-Nielsen S.A.

The total number of issued Common Shares as of

February 28, 2010 is 64,133,796.

The total number of Common Shares held by Stolt-

Nielsen Transportation Group Ltd. as of February 28,

2010 is 4,479,283.

The total number of Common Shares therefore

outstanding as of February 28, 2010 is 59,654,513.