Stolt-Nielsen Limited Share Buy-Back Programme

London, November 23, 2010

Stolt-Nielsen Limited (Oslo Børs: SNI) refers to the release of November 19, 2010 announcing authority from the Board of Directors to the Company on a Plan to Repurchase Stock in accordance with existing regulations at Oslo Børs for an amount up to USD 50 million.

The Company seeks to repurchase stocks in order to reduce its capital. The shares will be purchased from the open market. Shares may be purchased within a price range of NOK 40 to NOK 120 per Common Share. The Company may acquire a total number of shares corresponding to an amount of up to USD 50 million.

The Plan to Repurchase Stock will start November 23, 2010 and continue up to and including April 1, 2011.

About Stolt-Nielsen Limited
Stolt-Nielsen Limited (SNL or the "Company") is a leading global provider of integrated transportation solutions for bulk liquid chemicals, edible oils, acids, and other specialty liquids through its three largest business divisions, Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers. Stolt Sea Farm produces and markets high quality turbot, sole, sturgeon, and caviar. Stolt-Nielsen Gas transports liquefied petroleum gas (LPG) with its fleet of very large gas carriers (VLGCs). Stolt-Nielsen Limited is listed on the Oslo Stock Exchange.

Stolt-Nielsen S.A.