LONDON, April 4, 2013 - Stolt-Nielsen Limited (Oslo Børs: SNI) today reported
unaudited results for the first quarter ended February 28, 2013. Net profit
attributable to SNL shareholders in the first quarter was $1.5 million, with
revenue of $519.4 million, compared with $18.2 million, with revenue of $510.9
million, respectively, in the fourth quarter of 2012.

Highlights for the first quarter of 2013, compared with the fourth quarter of
2012, were:

* Stolt Tankers reported an operating loss of $2.8 million, compared with an
operating profit of $2.6 million, reflecting lower revenue and higher
operating costs, and $2.0 million of one-time charges
* The Stolt Tankers Joint Service Sailed-in Time-Charter Index[1] was 1.12,
down from 1.14.
* Stolthaven Terminals reported an operating profit of $23.3 million, up from
$22.9 million, as overall market conditions remained strong. Current
results reflect one-time net gains of $6.9 million, compared with one-time
net gains of $7.4 million in the fourth quarter.
* Stolt Tank Containers reported an operating profit of $15.2 million, down
from $17.5 million, reflecting increases in both ocean and inland freight
rates. The current quarter also included a $1.3 million tax provision
relating to prior years.
* SSF reported an operating loss of $0.1 million in the first quarter,
compared with a fourth-quarter operating loss of $2.0 million, excluding a
$6.5 million fair value gain on the acquisition of the Acuidoro farm.
* Stolt-Nielsen Gas reported a loss of $1.2 million on its investment in
Avance Gas Holding Ltd. (AGHL), compared with equity income of $0.1 million
in the fourth quarter, as conditions in the LPG transportation market
weakened.

Commenting on the Company's results, Mr. Niels G. Stolt-Nielsen, Chief Executive
Officer of Stolt-Nielsen Limited, said:

"Stolt-Nielsen Limited's poor first-quarter results were largely attributable to
a loss at Stolt Tankers, where overall market conditions remain weak. Higher
trading and operating expenses further depressed tanker earnings this quarter.
Both Stolthaven and Stolt Tank Containers continue to perform well, though STC's
operating results were down modestly from the prior quarter due to higher ocean
freight, inland haulage and depot costs. Stolt Sea Farm reported a slight loss
for the quarter, though performance improved from the prior period, as turbot
prices have begun to strengthen."

"Any substantial improvement in Stolt-Nielsen Limited's performance is dependent
upon a turnaround in the parcel tanker market, which, in turn, depends in part
on the strength of the global economy. As stated earlier, we expect 2013 to be
a challenging year for Stolt Tankers."

--------------------------------------------------------------------------------

[1] The Stolt Tankers Joint Service Sailed-in Time-Charter Index is an indexed
measurement of the sailed-in rate for the Joint Service and was set at 1.00 in
the first quarter of 1990 based on the average sailed-in time-charter result for
the fleet at the time. The sailed-in rate is a measure frequently used by
shipping companies, which subtracts from the ships' operating revenue the
variable costs associated with a voyage, primarily commissions, sublets,
external time charter expenses, transshipments, port costs, and bunker fuel.

This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

[HUG#1690031]

Stolt-Nielsen Limited Reports Unaudited Results For the First Quarter of 2013