Stolt Tankers B.V. Receives Full Refund for Two Cancelled Newbuildings

LONDON, August 17, 2010 - Stolt-Nielsen S.A. (Oslo Børs: SNI) announced today
that its wholly owned subsidiary Stolt Tankers B.V. received a full refund of
$84.5 million plus accrued interest, as part of an early termination agreement
with SLS Shipbuilding Co. Ltd. (SLS) of South Korea to cancel newbuilding
contracts for two 43,000 dwt stainless steel parcel tankers.  The refund was for
progress payments made by Stolt Tankers on the two ships, which were ordered in
2006 as part of a series of eight parcel tankers to be built by SLS.  Due to
extensive delays at the yard it was unlikely that these ships would have been
delivered within the terms of the shipbuilding contracts.  All of the eight
ships ordered by Stolt Tankers from SLS are covered by refund guarantees and the
Company similarly expects to receive full refunds for the six remaining ships in
the series.  Stolt Tankers made a total of $296 million in progress payments to
SLS towards the eight ships.

The refund will be used by the Company to repay loans taken to fund the
newbuildings and for general corporate purposes.

For additional information please contact:

Jan Chr. Engelhardtsen
Chief Financial Officer
UK +44 (0) 20 7611 8972
j.engelhardtsen@stolt.com

Jens F. Grüner-Hegge
V.P. Corporate Finance
UK +44 (0) 20 7611 8985
j.gruner-hegge@stolt.com

About Stolt-Nielsen S.A.
Stolt-Nielsen S.A. (SNSA 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 growing
fleet of very large gas carriers (VLGCs). Stolt-Nielsen S.A. is listed on the
Oslo Stock Exchange.

Forward-Looking Statements
This press release contains "forward-looking statements" based on information
available to the Company on the date hereof, and the Company assumes no
obligation to update any such forward-looking statement. These statements may be
identified by the use of words like "anticipate," "believe," "estimate,"
"expect," "intend," "may," "plan," "project," "will," "should," "seek," and
similar expressions. The forward-looking statements reflect the Company's
current views and assumptions and are subject to risks and uncertainties. The
Company does not represent or warrant that the Company's actual future results,
performance or achievements will be as discussed in the those statements, and
assumes no obligation to, and does not intend to, update any of those
forward-looking statements other than as may be required by applicable law.

This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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