Stolt-nielsen

Transaction in Own Shares • Feb 3, 2011

Mandatory Notification of trade

On February 02, 2011; Fiducia Ltd.; a company related

to primary insiders: John Wakely, Chairman of

Fiducia Ltd and Executive Vice President of Stolt-

Nielsen Limited.; Jacob Stolt-Nielsen, Director of

Stolt-Nielsen Limited; Niels G. Stolt-Nielsen, CEO

of Stolt-Nielsen Limited; and Jacob B. Stolt-

Nielsen, Director of Stolt-Nielsen Limited; acquired

386 shares in Stolt-Nielsen Limited. at an average

price of NOK 135.11 per share.

After this transaction Fiducia Ltd. owns 28,857,641

shares in Stolt-Nielsen S.A.