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Royal Dutch Shell plc Second Quarter 2011 Interim Dividend

July 28, 2011

LONDON, July 28, 2011 /PRNewswire/ –

The Board of Royal Dutch Shell plc (“RDS”) (NYSE: RDS.A) (NYSE: RDS.B)
today announced an interim dividend in respect of the second quarter of 2011
of US$0.42 per A ordinary share (“A Share”) and B ordinary share (“B
Share”), equal to the US dollar dividend for the same quarter last year.

RDS provides eligible shareholders with a choice to receive dividends in
cash or in shares via a Scrip Dividend Programme (“the Programme”). For
further details please see below.

Details relating to the second quarter 2011 interim dividend

It is expected that cash dividends on the B Shares will be paid via the
Dividend Access Mechanism from UK-sourced income of the Shell Group.

        Per ordinary share Q2 2011
        RDS A Shares (US$)    0.42
        RDS B Shares (US$)    0.42

Dividends declared on A Shares will be paid, by default, in euro,
although holders of A Shares will be able to elect to receive dividends in
pounds sterling.

Dividends declared on B Shares will be paid, by default, in pounds
sterling, although holders of B Shares will be able to elect to receive
dividends in euro.

The pounds sterling and euro equivalent dividend payments will be
announced on August 26, 2011.

        Per ADS             Q2 2011
        RDS A ADSs (US$)       0.84
        RDS B ADSs (US$)       0.84

Dividends declared on American Depository Shares (“ADSs”) will be paid,
by default, in US dollars.

ADS stands for an American Depositary Share. ADR stands for an American
Depositary Receipt. An ADR is a certificate that evidences ADSs. ADSs are
listed on the NYSE under the symbols RDS.A and RDS.B. Each ADS represents
two ordinary shares, two A Shares in the case of RDS.A or two B Shares in
the case of RDS.B. In many cases the terms ADR and ADS are used
interchangeably.

Scrip Dividend Programme

RDS provides shareholders with a choice to receive dividends in cash or
in shares via a Scrip Dividend Programme.

Under the Programme shareholders can increase their shareholding in RDS
by choosing to receive new shares instead of cash dividends if declared by
RDS. Only new A Shares will be issued under the Programme, including to
shareholders who currently hold B Shares.

Joining the Programme may offer a tax advantage in some countries
compared with receiving cash dividends. In particular, dividends paid out as
shares will not be subject to Dutch dividend withholding tax (currently 15
per cent) and will not generally be taxed on receipt by a UK shareholder or
a Dutch corporate shareholder.

Shareholders who elect to join the Programme will increase the number of
shares held in RDS without having to buy existing shares in the market,
thereby avoiding associated dealing costs.

Shareholders who do not join the Programme will continue to receive in
cash any dividends declared by RDS.

Shareholders who held only B shares and joined the Scrip Dividend
Programme are reminded they will need to make a Scrip Dividend Election in
respect of their new A shares if they wish to join the Programme in respect
of such new shares. However, this is only necessary if the shareholder has
not previously made a Scrip Dividend Election in respect of any new A shares
issued.

For further information on the Programme, including how to join if you
are eligible, please refer to the appropriate publication available on

http://www.shell.com/scrip.

Dividend timetable for the secondquarter 2011 interim dividend

       Announcement date                                      Jul 28, 2011

       Ex-dividend date                                       Aug  3, 2011

       Record date                                            Aug  5, 2011

       Scrip reference share price announcement date          Aug 10, 2011

       Closing of scrip election and currency election*       Aug 19, 2011

       Pounds sterling and euro equivalents announcement date Aug 26, 2011

       Payment date                                           Sep 19, 2011

* A different scrip election date may apply to registered and non
registered ADS holders.

Registered ADS holders can contact The Bank of New York Mellon for the
election deadline that applies. Non registered ADS holders can contact their
broker, financial intermediary, bank or financial institution for the
election deadline that applies.

Both a different scrip and currency election date may apply to
shareholders holding shares in a securities account with a bank or financial
institution ultimately holding through Euroclear Nederland. Please contact
your broker, financial intermediary, bank or financial institution where you
hold your securities account for the election deadline that applies.

Taxation cash dividends

Cash dividends on A Shares will be subject to the deduction of
Netherlands dividend withholding tax at the rate of 15%, which may be
reduced in certain circumstances. Provided certain conditions are met,
shareholders in receipt of A Share cash dividends may also be entitled to a
non-payable dividend tax credit in the United Kingdom.

Shareholders resident in the United Kingdom, receiving cash dividends on
B Shares through the Dividend Access Mechanism, are entitled to a tax
credit. This tax credit is not repayable. Non-residents may also be entitled
to a tax credit, if double tax arrangements between the United Kingdom and
their country of residence so provide, or if they are eligible for relief
given to non-residents with certain special connections with the United
Kingdom or to nationals of states in the European Economic Area.

The amount of tax credit is 10/90ths of the cash dividend, the tax
credit referable to the second quarter 2011 interim dividend of US$0.42 is
US$0.05 per ordinary share and the dividend and tax credit together amount
to US$0.47. The pounds sterling and euro equivalents will be announced on
August 26, 2011.

Royal Dutch Shell plc

The Hague, July 28th, 2011

CAUTIONARY NOTE:

The companies in which Royal Dutch Shell plc directly and indirectly
owns investments are separate entities. In this release”Shell”, “Shell
group” and “Royal Dutch Shell” are sometimes used for convenience where
references are made to Royal Dutch Shell plc and its subsidiaries in
general. Likewise, the words “we”, “us” and “our” are also used to refer to
subsidiaries in general or to those who work for them. These expressions are
also used where no useful purpose is served by identifying the particular
company or companies. ”Subsidiaries”, “Shell subsidiaries” and “Shell
companies” as used in this releaserefer to companies in which Royal Dutch
Shell either directly or indirectly has control, by having either a majority
of the voting rights or the right to exercise a controlling influence. The
companies in which Shell has significant influence but not control are
referred to as “associated companies” or “associates” and companies in which
Shell has joint control are referred to as “jointly controlled entities”. In
thisrelease, associates and jointly controlled entities are also referred to
as “equity-accounted investments”. The term “Shell interest” is used for
convenience to indicate the direct and/or indirect (for example, through our
24% shareholding in Woodside Petroleum Ltd.) ownership interest held by
Shell in a venture, partnership or company, after exclusion of all
third-party interest.

This release contains forward-looking statements concerning the
financial condition, results of operations and businesses of Royal Dutch
Shell. All statements other than statements of historical fact are, or may
be deemed to be, forward-looking statements. Forward-looking statements are
statements of future expectations that are based on management’s current
expectations and assumptions and involve known and unknown risks and
uncertainties that could cause actual results, performance or events to
differ materially from those expressed or implied in these statements.
Forward-looking statements include, among other things, statements
concerning the potential exposure of Royal Dutch Shell to market risks and
statements expressing management’s expectations, beliefs, estimates,
forecasts, projections and assumptions. These forward-looking statements are
identified by their use of terms and phrases such as ”anticipate”,
”believe”, ”could”, ”estimate”, ”expect”, ”intend”, ”may”,
”plan”, ”objectives”, ”outlook”, ”probably”, ”project”, ”will”,
”seek”, ”target”, ”risks”, ”goals”, ”should” and similar terms and
phrases. There are a number of factors that could affect the future
operations of Royal Dutch Shell and could cause those results to differ
materially from those expressed in the forward-looking statements included
in this release, including (without limitation): (a) price fluctuations in
crude oil and natural gas; (b) changes in demand for Shell’s products; (c)
currency fluctuations; (d) drilling and production results; (e) reserves
estimates; (f) loss of market share and industry competition; (g)
environmental and physical risks; (h) risks associated with the
identification of suitable potential acquisition properties and targets, and
successful negotiation and completion of such transactions; (i) the risk of
doing business in developing countries and countries subject to
international sanctions; (j) legislative, fiscal and regulatory developments
including potential litigation and regulatory measures as a result of
climate changes; (k) economic and financial market conditions in various
countries and regions; (l) political risks, including the risks of
expropriation and renegotiation of the terms of contracts with governmental
entities, delays or advancements in the approval of projects and delays in
the reimbursement for shared costs; and (m) changes in trading conditions.
All forward-looking statements contained in this releaseare expressly
qualified in their entirety by the cautionary statements contained or
referred to in this section. Readers should not place undue reliance on
forward-looking statements. Additional factors that may affect future
results are contained in Royal Dutch Shell’s 20-F for the year ended 31
December, 2010 (available at http://www.shell.com/investor and
http://www.sec.gov ). These factors also should be considered by the
reader. Each forward-looking statement speaks only as of the date of this
release, 28 July 2011. Neither Royal Dutch Shell nor any of its subsidiaries
undertake any obligation to publicly update or revise any forward-looking
statement as a result of new information, future events or other
information. In light of these risks, results could differ materially from
those stated, implied or inferred from the forward-looking statements
contained in this release. There can be no assurance that dividend payments
will match or exceed those set out in this release in the future, or that
they will be made at all.

Contacts:

        - Investor Relations: Europe: + 31 (0)70 377 4540; USA: +1 713
          241 1042
        - Media: Europe: + 31 (0)70 377 3600

SOURCE Royal Dutch Shell plc


Source: newswire



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