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Stolt-nielsen

Transaction in Own Shares Dec 7, 2010

9910_dirs_2010-12-07_731df5fd-3905-4258-857a-4c8d2389c707.html

Transaction in Own Shares

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SNI STOCK OPTIONS

In November 2010, employees of Stolt-Nielsen Limited

(formerly Stolt-Nielsen S.A.) exercised options to

acquire a total of 39,173 Common Shares of Stolt-

Nielsen Limited. All shares have been acquired at a

volume weighted average price of USD 12.37. Total

proceeds were USD 484,663.01.

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

November 30, 2010 is 64,133,796.

Total number of Common Shares held by Stolt-Nielsen

Limited as of November 30, 2010 is 4,474,487.

Total number of Common Shares therefore outstanding

as of November 30, 2010 is 59,659,309.

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