Stolt-Nielsen S.A. Shareholders Approve Plan to Migrate Parent Company to Bermuda from Luxembourg

LONDON, November 16, 2010 - Stolt-Nielsen S.A. ("SNSA") (Oslo Børs: SNI)
announced today that all agenda items were approved at an Extraordinary Meeting
of Shareholders held to vote upon the proposed plan to migrate the location of
the parent company to Bermuda from Luxembourg, where SNSA is currently
registered.  The meeting took place today at the offices of SGG S.A., 412F route
d'Esch, L-1471 Luxembourg.


Under the plan, which was recommended by the SNSA Board of Directors, SNSA and
   Stolt-Nielsen Limited, a recently formed Bermuda company wholly owned by
SNSA, will merge and amalgamate with each other, effective November 18, 2010.
The amalgamated company will be named Stolt-Nielsen Limited.  As required by the
plan, shareholders of Stolt-Nielsen Limited also approved the plan at a special
general meeting held today in Bermuda.

SNSA shareholders registered in the Norwegian Central Securities Depository
(Verdipapirsentralen or VPS) with DnB NOR Bank ASA, as VPS Registrar, at the
close of business on November 18, 2010 will receive one share in the Bermuda
company for each share in SNSA.  The last day of trading of SNSA's common shares
on the Oslo Børs will be November 18, 2010, and the first day of trading of the
Bermuda company's common shares on the Oslo Børs will be November 19, 2010.

As announced by SNSA on July 12, 2010, Luxembourg's special holding company
regime will end as of December 31, 2010, as part of ongoing initiatives to
harmonise laws and regulations among the member states of the European Union.
 The move to Bermuda will enable SNSA and its shareholders to continue to
benefit from a legal structure similar to that which SNSA has experienced as a
holding company in Luxembourg since 1974.

Contacts:

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 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)


[HUG#1463086]