SNI STOCK OPTIONS

In June 2013 employees of Stolt-Nielsen Limited
exercised options to acquire a total of 1,025 Common
Shares of Stolt-Nielsen Limited. All shares have
been acquired at a volume weighted average price of
USD 10.13. Total proceeds were USD 10,385

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 June
30, 2013 is 64,133,796.

Total number of Common Shares held by Stolt-Nielsen
Limited as of June 30, 2013 is 6,117,744.

Total number of Common Shares therefore outstanding
as of June 30, 2013 is 58,016,052.