Stolt-Nielsen S.A. Announces Acquisition
of the LPG Carrier Althea Gas

19.11.2009

London, England - November 19, 2009 - Stolt-Nielsen S.A. (SNSA) (Oslo Børs: SNI) today announced that it has agreed to acquire through its subsidiary Stolt-Nielsen Gas Ltd. the 82,557 cbm LPG carrier Althea Gas from Iino Kaiun Kaisha of Japan. The ship was built by Kawasaki Heavy Industries, Ltd. of Japan in 2003. Delivery to Stolt-Nielsen Gas Ltd. is scheduled to take place in early 2010.

The purchase of the Althea Gas follows SNSA's recently announced entry into the VLGC market with the three-year time charter of the LPG carrier Yuhsho. Commenting on the transaction, Mr. Niels G. Stolt-Nielsen, Chief Executive Officer of SNSA, said: "We are pleased to acquire the Althea Gas at what we believe to be attractive terms, which will give us a competitively priced asset to operate. Our current intention is to trade the Althea Gas alongside Yuhsho in the spot and time-charter market."

About Stolt-Nielsen S.A.
Stolt-Nielsen S.A. (SNSA or the "Company") is one of the world's leading providers of transportation services for bulk liquid chemicals, edible oils, acids, and other specialty liquids. The Company, through its parcel tanker, tank container, terminal, rail and barge operations, provides integrated transportation solutions for its customers. Stolt Sea Farm, wholly owned by the Company, produces and markets high quality turbot, sole, sturgeon, and caviar. Stolt-Nielsen is listed on the Oslo Stock Exchange.

Stolt-Nielsen S.A.