Stolt-Nielsen S.A. Announces Expiration of Early Consent Period
London, England - February 17, 2005 - Stolt-Nielsen S.A. (NasdaqNM: SNSA; Oslo Stock Exchange: SNI) today announced that the early consent period relating to Stolt-Nielsen Transportation Group Ltd.'s pending consent solicitation for SNTG's senior notes expired at 5:00 p.m., New York City time, on February 15, 2005. As of that time, a total of $18.21 million outstanding principal amount of notes and related consents had been tendered pursuant to the Solicitation. The Solicitation is scheduled to expire at 5:00 p.m., New York City time, on February 18, 2005. The Offer is scheduled to expire at midnight, New York City time, on February 22, 2005.