Tradewinds Global Investors, LLC - Disclosure of Interest in Stolt- Nielsen S.A.

Tradewinds Global Investors, LLC has on Wednesday,
June 23, 2010, acquired 184,194 shares of common
stock in Stolt-Nielsen S.A., following which
Tradewinds Global Investors, LLC holds
3,254,430 shares in Stolt-Nielsen SA, representing
5.07% of the issued shares of common stock and votes
in Stolt-Nielsen S.A.