Stolt-nielsen — Share Issue/Capital Change 2010

Apr 13, 2010

SNI STOCK OPTIONS

In March 2010, employees of Stolt-Nielsen S.A.

exercised options to acquire a total of 1,040 Common

Shares of Stolt-Nielsen S.A. All shares have been

acquired at a volume weighted average price of USD

5.90. Total proceeds were USD 6,136.00.

As a consequence of use of treasury shares to satisfy

stock options exercised, no new Common Shares were

issued.

The total number of issued Common Shares as of March

31, 2010 is 64,133,796.

Total number of Common Shares held by Stolt-Nielsen

Transportation Group Ltd. as of March 31, 2010 is

4,478,243.

Total number of Common Shares therefore outstanding

as of March 31, 2010 is 59,655,553.