RDS Q1 2015 Quarterly Dividend Announcement

ROYAL DUTCH SHELL PLC FIRST QUARTER 2015 INTERIM DIVIDEND The Board of Royal Dutch Shell plc ("RDS") today announced an interim dividendin respect of the first quarter of 2015 of US$0.47 per A ordinary share ("AShare") and B ordinary share ("B Share"), equal to the US dollar dividend forthe same quarter last year. Beginning with the first quarter interim dividend for 2015, RDS provideseligible shareholders with a choice to receive dividends in cash or in sharesvia a Scrip Dividend Programme ("the Programme"). Details relating to the first quarter 2015 interim dividend It is expected that cash dividends on the B Shares will be paid via theDividend Access Mechanism from UK-sourced income of the Shell Group. Per ordinary share Q1 2015 RDS A Shares (US$) 0.47 RDS B Shares (US$) 0.47 Cash dividends on A Shares will be paid, by default, in euro, although holdersof A Shares will be able to elect to receive dividends in pounds sterling. Cash dividends on B Shares will be paid, by default, in pounds sterling,although holders of B Shares will be able to elect to receive dividends ineuro. The pounds sterling and euro equivalent dividend payments will be announced onJune 8, 2015. Per ADS Q1 2015 RDS A ADSs (US$) 0.94 RDS B ADSs (US$) 0.94 Cash dividends on American Depository Shares ("ADSs") will be paid, by default,in US dollars. ADS stands for an American Depositary Share. ADR stands for an AmericanDepositary Receipt. An ADR is a certificate that evidences ADSs. ADSs arelisted on the NYSE under the symbols RDS.A and RDS.B. Each ADS represents twoordinary shares, two A Shares in the case of RDS.A or two B Shares in the caseof RDS.B. In many cases the terms ADR and ADS are used interchangeably. Scrip Dividend Programme Beginning with its first quarter interim dividend for 2015, RDS providesshareholders with a choice to receive dividends in cash or in shares via aScrip Dividend Programme ("the Programme"). Under the Programme shareholders can increase their shareholding in RDS bychoosing to receive new shares instead of cash dividends, if approved by theBoard. Only new A Shares will be issued under the Programme, including toshareholders who currently hold B Shares. Joining the Programme may offer a tax advantage in some countries compared withreceiving cash dividends. In particular, dividends paid out as shares will notbe subject to Dutch dividend withholding tax (currently 15 per cent) and willnot generally be taxed on receipt by a UK shareholder or a Dutch corporateshareholder. Shareholders who elect to join the Programme will increase the number of sharesheld in RDS without having to buy existing shares in the market, therebyavoiding associated dealing costs. Shareholders who do not join the Programme will continue to receive in cash anydividends approved by the Board. For further information on the Programme, including how to join if you areeligible, please refer to the appropriate publication available onwww.shell.com/scrip. Dividend timetable for the first quarter 2015 interim dividend Announcement date April 30, 2015 Ex-dividend date RDS A and RDS B ADS (Note 1) May 13, 2015 Ex-dividend date RDS A and RDS B shares (Note 1) May 14, 2015 Record date May 15, 2015 Scrip reference share price announcement date May 21, 2015 Closing of scrip election and currency election (Note2) June 1, 2015 Pounds sterling and euro equivalents announcement date June 8, 2015 Payment date June 22, 2015 Note 1The London Stock Exchange and Euronext Amsterdam, with effect from October 6,2014, reduced the standard settlement cycle in accordance with the Regulationof the European Parliament and of the Council on improving securitiessettlement in the European Union (EU) and on Central Securities Depositories(CSDs) and amending Directive 98/26/EC (the CSD Regulation). The CSD Regulationaims to harmonise EU securities settlement cycles towards a T + 2 cycle. As aresult, the ex-dividend dates for A and B shares traded on these markets areone trading day later than A ADSs and B ADSs traded in the USA. Record datesare not affected. Note 2A different scrip election date may apply to registered and non registered ADSholders. Registered ADS holders can contact The Bank of New York Mellon for the electiondeadline that applies. Non registered ADS holders can contact their broker,financial intermediary, bank or financial institution for the election deadlinethat applies. Both a different scrip and currency election date may apply to shareholdersholding shares in a securities account with a bank or financial institutionultimately holding through Euroclear Nederland. Such shareholders can obtainthe applicable deadlines from their broker, financial intermediary, bank orfinancial institution where they hold their securities account. Dividend reinvestment plans withdrawnFollowing the introduction of the Scrip Dividend Programme, the DividendReinvestment Plans previously provided by Equiniti and ABN AMRO Bank N.V. havebeen withdrawn; the dividend reinvestment feature of the plan provided by TheBank of New York Mellon has likewise been withdrawn. Shareholders who participated in one of these Dividend Reinvestment Plans willin most cases not automatically be enrolled in the Scrip Dividend Programme andwill in most cases need to elect to join. For full information on the Scrip Dividend Programme, please refer to theappropriate publication available on www.shell.com/scrip. Shareholders who do not join the Scrip Dividend Programme will continue toreceive in cash any dividends declared by RDS. Taxation cash dividendsCash dividends on A Shares will be subject to the deduction of Netherlandsdividend withholding tax at the rate of 15%, which may be reduced in certaincircumstances. Provided certain conditions are met, shareholders in receipt ofA Share cash dividends may also be entitled to a non-payable dividend taxcredit in the United Kingdom. Shareholders resident in the United Kingdom, receiving cash dividends on BShares 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 taxcredit, if double tax arrangements between the United Kingdom and their countryof residence so provide, or if they are eligible for relief given tonon-residents with certain special connections with the United Kingdom or tonationals of states in the European Economic Area. The amount of tax credit is 10/90ths of the cash dividend, the tax creditreferable to the first quarter 2015 interim dividend of US$0.47 is US$0.05 perordinary share and the dividend and tax credit together amount to US$0.52. Thepounds sterling and euro equivalents will be announced on June 8, 2015. Royal Dutch Shell plcThe Hague, April 30, 2015 Contacts:- Investor Relations: International + 31 (0) 70 377 4540; North America +1832 337 2034- Media: International +44 (0) 207 934 5550; USA +1 713 241 4544 CAUTIONARY NOTE:The companies in which Royal Dutch Shell plc directly and indirectly ownsinvestments are separate entities. In this release "Shell", "Shell group" and"Royal Dutch Shell" are sometimes used for convenience where references aremade to Royal Dutch Shell plc and its subsidiaries in general. Likewise, thewords "we", "us" and "our" are also used to refer to subsidiaries in general orto those who work for them. These expressions are also used where no usefulpurpose is served by identifying the particular company or companies.``Subsidiaries'', "Shell subsidiaries" and "Shell companies" as used in thisrelease refer to companies over which Royal Dutch Shell plc either directly orindirectly has control. Companies over which Shell has joint control aregenerally referred to as "joint ventures" and companies over which Shell hassignificant influence but neither control nor joint control are referred to as"associates". In this release, joint ventures and associates may also bereferred to as "equity-accounted investments". The term "Shell interest" isused for convenience to indicate the direct and/or indirect ownership interestheld by Shell in a venture, partnership or company, after exclusion of allthird-party interest. This release contains forward-looking statements concerning the financialcondition, results of operations and businesses of Royal Dutch Shell. Allstatements other than statements of historical fact are, or may be deemed tobe, forward-looking statements. Forward-looking statements are statements offuture expectations that are based on management's current expectations andassumptions and involve known and unknown risks and uncertainties that couldcause actual results, performance or events to differ materially from thoseexpressed or implied in these statements. Forward-looking statements include,among other things, statements concerning the potential exposure of Royal DutchShell to market risks and statements expressing management's expectations,beliefs, estimates, forecasts, projections and assumptions. Theseforward-looking statements are identified by their use of terms and phrasessuch as ``anticipate'', ``believe'', ``could'', ``estimate'', ``expect'',``goals'', ``intend'', ``may'', ``objectives'', ``outlook'', ``plan'',``probably'', ``project'', ``risks'', "schedule", ``seek'', ``should'',``target'', ``will'' and similar terms and phrases. There are a number offactors that could affect the future operations of Royal Dutch Shell and couldcause those results to differ materially from those expressed in theforward-looking statements included in this release, including (withoutlimitation): (a) price fluctuations in crude oil and natural gas; (b) changesin demand for Shell's products; (c) currency fluctuations; (d) drilling andproduction results; (e) reserves estimates; (f) loss of market share andindustry competition; (g) environmental and physical risks; (h) risksassociated with the identification of suitable potential acquisition propertiesand targets, and successful negotiation and completion of such transactions;(i) the risk of doing business in developing countries and countries subject tointernational sanctions; (j) legislative, fiscal and regulatory developmentsincluding regulatory measures addressing climate change; (k) economic andfinancial market conditions in various countries and regions; (l) politicalrisks, including the risks of expropriation and renegotiation of the terms ofcontracts with governmental entities, delays or advancements in the approval ofprojects and delays in the reimbursement for shared costs; and (m) changes intrading conditions. All forward-looking statements contained in this releaseare expressly qualified in their entirety by the cautionary statementscontained or referred to in this section. Readers should not place unduereliance on forward-looking statements. Additional risk factors that may affectfuture results are contained in Royal Dutch Shell's 20-F for the year endedDecember 31, 2014 (available at www.shell.com/investor and www.sec.gov ). Theserisk factors also expressly qualify all forward looking statements contained inthis release and should be considered by the reader. Each forward-lookingstatement speaks only as of the date of this release, April 30, 2015. NeitherRoyal Dutch Shell plc nor any of its subsidiaries undertake any obligation topublicly update or revise any forward-looking statement as a result of newinformation, future events or other information. In light of these risks,results could differ materially from those stated, implied or inferred from theforward-looking statements contained in this release. We may have used certain terms, such as resources, in this release that UnitedStates Securities and Exchange Commission (SEC) strictly prohibits us fromincluding in our filings with the SEC. U.S. Investors are urged to considerclosely the disclosure in our Form 20-F, File No 1-32575, available on the SECwebsite www.sec.gov.