SNI STOCK OPTIONS - Correction

In February 2013 employees of Stolt-Nielsen Limited
exercised options to acquire a total of 2,500 Common
Shares of Stolt-Nielsen Limited. All shares have
been acquired at a volume weighted average price of
USD 7.33. Total proceeds were USD 18,325.00.

As a consequence of use of treasury shares to satisfy
stock options exercised, no new Common Shares were
issued.

The total number of issued Common Shares as of
*February 28, 2013 is 64,133,796.

Total number of Common Shares held by Stolt-Nielsen
Limited as of *February 28, 2013 is 6,139,569.

Total number of Common Shares therefore outstanding
as of *February 28, 2013 is 57,994,227.