Mandatory Notification of trade

On April 29,2013; Fiducia Ltd.; a company related to
primary insiders: John Wakely, Chairman of Fiducia
Ltd and Executive Vice President of Stolt-Nielsen
Limited.; Jacob Stolt-Nielsen, Director of Stolt-
Nielsen Limited; Niels G. Stolt-Nielsen, CEO and
Director of Stolt-Nielsen Limited; and Jacob B. Stolt-
Nielsen, Director of Stolt-Nielsen Limited; acquired
200,000 shares in Stolt-Nielsen Limited at an average
price of NOK 113.68 per share.

After this transaction Fiducia Ltd. owns 29,292,255
shares in Stolt-Nielsen Limited