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Deal marks Topaz’s entry into Ireland’s aviation fuel sector

July 5, 2010 – Dublin – Topaz, Ireland’s largest fuel and convenience retailer, is expanding into the aviation fuel sector after agreeing a joint venture deal with Shell Aviation.

The deal will see Topaz, the fully Irish owned and managed company, buy 50% of Shell Aviation Ireland Limited to create a 50:50 joint venture that will sell aviation fuel in Ireland.

Dr Frank Bergin, Director, Chief Operations Officer at Topaz, said: “We are delighted to be expanding into aviation fuels marketing and see good growth potential in this sector. This venture will create additional jobs in Dublin and drive an Irish focus to the business.

It is a modest beginning but we are looking forward to developing our presence in this sector. While the aviation sector has had a challenging year we see the outlook improving markedly in the medium term.”

Sjoerd Post, Vice President, Shell Aviation, added: “Through entering this joint venture in Ireland, we can further strengthen both our aviation network in Europe and our competitive position as a global aviation fuels provider.

We are excited about working in partnership with Topaz to leverage their strong local presence alongside Shell’s world-class expertise in airport operations and international sales and marketing capability.”

The new company will continue to market aviation fuels to Irish airlines currently serviced by Shell Aviation. It will also provide fuel supply and refuelling services to Shell’s international customers at Irish airports.

The deal remains subject to regulatory approval.

- Ends -


For Shell Aviation: Lisa Sinagra: lisa.sinagra@shell.com; Tel: +44 207 934 8909

For Topaz: Kieran Garry: Kieran@gordonmrm.ie; Tel: +353 16650 455

About Shell Aviation:

Shell Aviation is a world leader in marketing aviation fuel and operating airport fuelling facilities. It also has a huge range of knowledge on everything from formulating better fuels to designing and managing cost-effective installations.

Shell Aviation has invested heavily in the future of aviation, particularly in new locations, upgrades to existing locations, technical advances, and people – at local, regional and global levels.

The company’s operating methods focus on local strength, backed by global support. Shell Aviation places great emphasis on training and keeping the skills and professionalism of its people maintained at high levels. Shell is one of the few energy companies with research and development facilities dedicated to the aviation sector.

About Topaz:

Topaz, which is an independent, 100% Irish owned and managed business, is Ireland’s largest fuels and convenience retailer. The company, which employs 1,300 people has 300 sites in the Republic and another 30 in NI.

Over 100 of the sites are company owned and operated while the remainder are operated by its dealer network. Topaz is also the leading supplier of home heating oil in the country, supplying home heating oil to more than 250,000 customers. For the three years of its existence Topaz has been nominated as one of the Best Companies in Ireland to work for.

Cautionary Statement

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this document “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 document refer 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 this document, 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 34% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in a venture, partnership or company, after exclusion of all third-party interest.

This document 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 document, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group’s products; (c) currency fluctuations;

(d) drilling and production results; (e) reserve 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 effects arising from recategorisation of reserves;

(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 document are 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 Annual Report and Form 20-F for the year ended December 31, 2009 (available at www.shell.com/investor and www.sec.gov

These factors also should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release, July 5, 2010. 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 document.

The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions.

We use certain terms in this document that SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.

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