3rd Dec 2010 16:58
ROYAL DUTCH SHELL PLC THIRD QUARTER 2010 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS
The Board of Royal Dutch Shell plc ("RDS") today announced the pounds sterlingand euro equivalent dividend payments in respect of the third quarter interim dividendof 2010, which was announced on October 28, 2010 at $0.42 per A ordinary share ("AShare") and B ordinary share ("B Share").
Dividends on A Shares will be paid, by default, in euro at the rate of €0.3138per A Share. Holders of A Shares who have validly submitted pounds sterling currencyelections by November 26, 2010 will be entitled to a dividend of 26.72p per A Share.
Dividends on B Shares will be paid, by default, in pounds sterling at the rateof 26.72p per B Share. Holders of B Shares who have validly submitted euro currencyelections by November 26, 2010 will be entitled to a dividend of €0.3138 per B Share.
This dividend will be payable on December 17, 2010 to those members whose nameswere on the Register of Members on November 5, 2010.
Taxation cash dividends
Dividends on A Shares will be subject to the deduction of Netherlands dividendwithholding tax at the rate of 15%, which may be reduced in certain circumstances.Provided certain conditions are met, shareholders in receipt of A Share dividendsmay 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 throughthe Dividend Access Mechanism, are entitled to a tax credit. This tax credit is notrepayable. Non-residents may also be entitled to a tax credit, if double tax arrangementsbetween the United Kingdom and their country of residence so provide, or if theyare eligible for relief given to non-residents with certain special connections withthe 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 referableto the third quarter 2010 interim dividend of US$0.42 (26.72p or €0.3138) is US$0.05(2.97p or €0.0349) per ordinary share and the dividend and tax credit together amountto US$0.47 (29.69p or €0.3487).
Royal Dutch Shell plc
The Hague, December 3, 2010
ENQUIRIES:
Shell Media Relations:
International, UK, European Press +31 70 377 3600
Shell Investor Relations:
The Hague: Tjerk Huysinga + 31 70 377 3996 / +44 207 934 3856
USA: Harold Hatchett +1 713 241 1019
vendorRelated Shares:
RDSA.L