Stolt-Nielsen Limited Takes 20% Stake In Norterminal AS

LONDON, Oct. 2, 2013 (GLOBE NEWSWIRE) --
Stolt-Nielsen Limited (Oslo Børs: SNI) announced todaythat Stolthaven Terminals BV, a subsidiary of the Company, has taken a 20% stakein Norterminal AS, which is pursuing the development of a world-class 300,000 to700,000 CBM  crude  oil  terminal  and  a  gas storage facility near Kirkenes innorthern  Norway.  The terminal is being designed to serve the growing needs forstorage resulting from the increased production of oil and gas in the Arctic andBarents  Seas.  Further  terms of  the transaction  were not  disclosed. Pendingreceipt  of necessary permits, the  new terminal is to  be built on 100 hectaresadjacent  to deep  sheltered waters  and close  to the  Kirkenes infrastructure.Current plans call for the terminal to be operational in 2018.In  the interim, Norterminal AS plans to  provide a floating storage facility toenable the transhipment of oil from the Arctic and Barents Seas to ships servingmarkets in Western Europe.The  founder  and  majority  shareholder  in  Norterminal  AS is Jacob B. Stolt-Nielsen,  a  director  of  Stolt-Nielsen  Limited.   The  decision  to invest inNorterminal  AS was  made exclusively  by the  independent directors  of the SNLBoard.Stolt-Nielsen Limited Contacts:Jan Chr. EngelhardtsenChief Financial OfficerUK +44 (0) 20 7611 8972j.engelhardtsen@stolt.comJens F. Grüner-HeggeVP Corporate FinanceUK +44 (0) 20 7611 8985j.gruner-hegge@stolt.comNorterminal AS Contacts:Jacob B. Stolt-NielsenChief Executive OfficerNorway +47 47881038bsn@norterminal.noNORTERMINAL ASHaakon VIIs gt. 1, Po. Box 1358, N-0113 Oslo, NorwayT: +47 21 41 42 15 - www.norterminal.noAbout Stolt-Nielsen LimitedStolt-Nielsen  Limited (SNL  or the  "Company") is  a leading global provider ofintegrated  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 Farmproduces  and markets high  quality turbot, sole,  sturgeon, and caviar.  Stolt-Nielsen  Gas,  through  its  investment  in  Avance Gas Holding Ltd., transportsliquefied  petroleum gas (LPG) with a 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 pursuant to section5-12 of the Norwegian Securities Trading Act.Forward-Looking StatementsThis press release contains "forward-looking statements" based on informationavailable to the Company on the date hereof, and the Company assumes noobligation to update any such forward-looking statement.  These statements maybe identified by the use of words like "anticipate," "believe," "estimate,""expect," "intend," "may," "plan," "project," "will," "should," "seek," andsimilar expressions.  The forward-looking statements reflect the Company'scurrent views and assumptions and are subject to risks and uncertainties.  TheCompany does not represent or warrant that the Company's actual future results,performance or achievements will be as discussed in the those statements, andassumes no obligation to, and does not intend to, update any of those forward-looking statements other than as may be required by applicable law.This information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)[HUG#1733199]

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