Shell announces Malaysia deep-water gas discovery

Shell announces Malaysia deep-water gas discovery The Hague, 17 April, 2014. Shell today announced an exploration discoveryoffshore Malaysia. The successful `Rosmari-1' well is located 135 kilometresoffshore in Block SK318, and was drilled to a total depth of 2,123 metres. Thewell encountered more than 450 metres of gas column. With further explorationplanned, the finding is a positive indicator of the gas potential in an area ofstrategic interest for Shell. "Rosmari-1 is a testament to our ability to successfully drill and buildunderstanding of new geology within our existing exploration heartlands, addingvalue to our existing assets in Malaysia," said Andy Brown, Director ShellUpstream International. "We are expanding and rejuvenating heartlands acrossour exploration portfolio, including in Brunei, Australia and the Gulf ofMexico." "This adds to Shell's sequence of recent exploration successes in Malaysia,with these discoveries expanding the company's heartlands positions," said IainLo, Chairman Shell Malaysia. Block SK318 is Shell operated with an 85% interest, with the remaining 15% heldby PETRONAS Carigali Sdn Bhd. Enquiries Shell Media RelationsInternational: +44 207 934 5550Americas: +1 713 241 4544 Shell Investor RelationsInternational: +31 70 377 4540North America: +1 713 241 1042 Cautionary note The companies in which Royal Dutch Shell plc directly and indirectly ownsinvestments are separate entities. In this press 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 thispress release refer to companies in which Royal Dutch Shell either directly orindirectly has control, by having either a majority of the voting rights or theright to exercise a controlling influence. The companies in which Shell hassignificant influence but not control are referred to as "associated companies"or "associates" and companies in which Shell has joint control are referred toas "jointly controlled entities". In this press release, associates and jointlycontrolled entities are also referred to as "equity-accounted investments". Theterm "Shell interest" is used for convenience to indicate the direct and/orindirect (for example, through our 23% shareholding in Woodside Petroleum Ltd.)ownership interest held by Shell in a venture, partnership or company, afterexclusion of all third-party interest. This press 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'',``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 affectthe future operations of Royal Dutch Shell and could cause those results todiffer materially from those expressed in the forward-looking statementsincluded in this press release, including (without limitation): (a) pricefluctuations in crude oil and natural gas; (b) changes in demand for theShell's products; (c) currency fluctuations; (d) drilling and productionresults; (e) reserve estimates; (f) loss of market share and industrycompetition; (g) environmental and physical risks; (h) risks associated withthe identification of suitable potential acquisition properties and targets,and successful negotiation and completion of such transactions; (i) the risk ofdoing business in developing countries and countries subject to internationalsanctions; (j) legislative, fiscal and regulatory developments includingregulatory measures addressing climate change; (k) economic and financialmarket conditions in various countries and regions; (l) political risks,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 pressrelease are 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 factors that may affectfuture results are contained in Royal Dutch Shell's 20-F for the year endedDecember 31, 2013 (available at www.shell.com/investor and www.sec.gov). Thesefactors also should be considered by the reader. Each forward-looking statementspeaks only as of the date of this press release, April 17, 2014. Neither RoyalDutch Shell nor any of its subsidiaries undertake any obligation to publiclyupdate or revise any forward-looking statement as a result of new information,future events or other information. In light of these risks, results coulddiffer materially from those stated, implied or inferred from theforward-looking statements contained in this press release. The United States Securities and Exchange Commission (SEC) permits oil and gascompanies, in their filings with the SEC, to disclose only proved reserves thata company has demonstrated by actual production or conclusive formation teststo be economically and legally producible under existing economic and operatingconditions. We may have used certain terms in this press release that SEC'sguidelines 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, FileNo 1-32575, available on the SEC website www.sec.gov. You can also obtain thisform from the SEC by calling 1-800-SEC-0330.