Press Release

MT Stolt Valor Suffers Incident in the Middle East Gulf

LONDON, March 15, 2012 - Stolt Tankers B.V., a subsidiary of Stolt-Nielsen Limited and operators and owners of MT Stolt Valor, confirm that the vessel suffered an explosion on board whilst transiting the Persian Gulf.

A Coalition warship is presently on site and is providing assistance. We understand that 24 of the 25 crewmembers are safe and on board the Coalition vessel. One crewmember is currently missing. Families of all the crew are being contacted as a matter of urgency.

Stolt is working in close cooperation with the authorities on site in order to establish the whereabouts of our missing seafarer and the condition of the vessel.

For further information, please contact:

Martin Baxendale
UK +44 7802 954616
[email protected]

About Stolt-Nielsen Limited
Stolt-Nielsen Limited (SNL or the "Company") is a leading global provider of integrated transportation solutions for bulk liquid chemicals, edible oils, acids, and other specialty liquids through its three largest business divisions, Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers.  Stolt Sea Farm produces and markets high quality turbot, sole, sturgeon, and caviar.  Stolt-Nielsen Gas transports liquefied petroleum gas (LPG) with its fleet of very large gas carriers (VLGCs).  Stolt-Nielsen Limited is listed on the Oslo Stock Exchange.

This information is subject of the disclosure requirements acc. to ?5-12 vphl (Norwegian Securities Trading Act)