Mandatory Notification of Trade

On February 3, 2011, Alan B. Winsor, Primary Insider
of Stolt-Nielsen Limited, has sold 4,200 shares in
Stolt-Nielsen Limited at a price of NOK 138.17.

After this transaction, Alan B. Winsor holds 0 shares
in Stolt-Nielsen Limited and 37,250 Stock Options of
which all are exercisable.