Shell announces Scrip Dividend Programme in 2015

Royal Dutch Shell announces Scrip Dividend Programme in 2015 The Hague, March 3, 2015 Royal Dutch Shell plc ("Shell") today announces that it intends to offer theoption for shareholders to receive dividends in cash or in shares via a ScripDividend Programme (the "Programme") with effect from the first quarter 2015interim dividend onwards. This means that for the first quarter 2015 interimdividend, shareholders can opt to receive their dividend in shares. Shareholders who do not join the Programme will continue to receive in cash anydividends declared by Shell. Under the Programme shareholders will be able to increase their shareholding inShell by choosing to receive new fully paid shares in lieu of cash dividendspaid by Shell. Only new A Shares will be issued under the Programme, includingto shareholders who currently hold B Shares. Shell's financial framework and priorities are unchanged. Scrip dividends offershareholders the opportunity to receive shares as an alternative to cashdividends, and increased financial flexibility for the company in thedown-cycle. Documents providing further detail in respect of the Programme will beavailable in due course. NOTE Directors were authorised at the 2010 Annual General Meeting ("AGM") to offershareholders the right to choose shares instead of a cash dividend. Thisauthority was for a five year period and will cover the first quarter 2015interim dividend. Similar authority will be sought at the 2015 AGM, howeversuch renewal of authority will be for a three year period to comply withrevised investor guidelines. Enquiries Shell Media Relations International: +44 20 7934 5550 Americas: +1 713 241 4544 Shell Investor relations International: +31 70 377 4540 North America: +1 832 337 2034 Cautionary Note The companies in which Royal Dutch Shell plc directly and indirectly ownsinvestments are separate entities. In this document "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 thisdocument 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". The term "Shell interest" is used for convenience to indicate thedirect and/or indirect 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 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 document, 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 documentare 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 Form 20-F for the yearended December 31, 2013 (available at www.Shell.com/investor and www.sec.gov).These risk factors also expressly qualify all forward-looking statementscontained in this document and should be considered by the reader. Eachforward-looking statement speaks only as of the date of this document, March 3,2015. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake anyobligation to publicly update or revise any forward-looking statement as aresult of new information, future events or other information. In light ofthese risks, results could differ materially from those stated, implied orinferred from the forward-looking statements contained in this document. We may have used certain terms, such as resources, in this document that theUnited States Securities and Exchange Commission (SEC) strictly prohibits usfrom including in our filings with the SEC. U.S. investors are urged toconsider closely the disclosure in our Form 20-F, File No 1-32575, available onthe SEC website www.sec.gov. You can also obtain this form from the SEC bycalling 1-800-SEC-0330.

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