Dividends on A Shares will be paid, by default, in euro at the rate of €0.2888 per A Share. Holders of A Shares who have validly submitted pounds sterling currency elections by May 27, 2011 will be entitled to a dividend of 25.71p per A Share.

Dividends on B Shares will be paid, by default, in pounds sterling at the rate of 25.71p per B Share. Holders of B Shares who have validly submitted euro currency elections by May 27, 2011 will be entitled to a dividend of €0.2888 per B Share.

This dividend will be payable on June 27, 2011 to those members whose names were on the Register of Members on May 13, 2011.

Taxation cash dividends

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 dividends may also be entitled to a non-payable dividend tax credit in the United Kingdom.

Shareholders resident in the United Kingdom, receiving 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 first quarter 2011 interim dividend of US$0.42 (25.71p or €0.2888) is US$0.05 (2.86p or €0.0321) per ordinary share and the dividend and tax credit together amount to US$0.47 (28.57 or €0.3209).

Enquiries

Shell Media Relations
International, UK, European Press: +31 70 377 3600

Shell Investor Relations
Europe - Tjerk Huysinga: + 31 70 377 4540
North America - Ken Lawrence: +1 713 241 1042