Stolt-Nielsen S.A. Reaches Agreement with SLS
To Purchase Cancelled Parcel Tankers


London, England - January 11, 2010 - Stolt-Nielsen S.A. (SNSA) (Oslo Børs: SNI) announced today that it has reached an agreement with SLS Shipbuilding Co. Ltd. (SLS) to buy the four 44,000 deadweight ton (dwt) fully coated parcel tankers that SNSA had originally ordered in June 2005. The price of the ships is in line with what is believed to be current newbuilding prices. Terms of the agreement require SLS to deliver the four ships between mid-February and mid-July 2010.

Stolt had previously cancelled the four newbuilding contracts, citing extensive construction delays.

Commenting on the announcement, Mr. Niels G. Stolt-Nielsen, Chief Executive Officer of Stolt-Nielsen S.A., said, "We are pleased to have reached this agreement with SLS, and it is now up to the yard to deliver these ships by the agreed dates."

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.