Shell will not Pursue U.S. Gulf Coast GTL Project

SHELL WILL NOT PURSUE U.S. GULF COAST GTL PROJECT The Hague, December 5 2013: Royal Dutch Shell plc ("Shell") today announcesthat the company will not move forward with the proposed 140,000 barrels perday Gulf Coast gas-to-liquids (GTL) project in Louisiana and will suspend anyfurther work on the project. Shell is the industry leader in GTL technology, and the company has carefullyevaluated a number of development options for GTL on the US Gulf Coast, usingnatural gas feedstocks. Despite the ample supplies of natural gas in the area,the company has taken the decision that GTL is not a viable option for Shell inNorth America, at this time, due to the likely development cost of such aproject, uncertainties on long-term oil and gas prices and differentials, andShell's strict capital discipline. Shell is the leading energy company in integrated gas, which includes liquefiednatural gas and GTL. The company has built up substantial new options forintegrated gas investment, particularly in Australia and North America inrecent years. CEO Peter Voser commented "we are making tough choices here, focusing ourefforts and capital on the most attractive opportunities in our world-wideportfolio, to add value for shareholders." Shell thanks the Governor of Louisiana, his staff, Parish officials, regulatorsand the community for the opportunity to consider locating this project inLouisiana, and the company looks forward to continuing a long, successfulrelationship with the state. ### Enquiries MediaShell US Media Relations: +1 713 241 4544Shell International Media Relations: +44 20 7934 5550 Investor RelationsNorth America +1 713 241 1042International + 31 70 377 4540 Cautionary Note The companies in which Royal Dutch Shell plc directly and indirectly ownsinvestments are separate entities. In this announcement "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 useful purpose is served byidentifying the particular company or companies. ``Subsidiaries'', "Shellsubsidiaries" and "Shell companies" as used in this announcement refer tocompanies over which Royal Dutch Shell plc either directly or indirectly hascontrol. Companies over which Shell has joint control are generally referred to"joint ventures" and companies over which Shell has significant influence butneither control nor joint control are referred to as "associates". In this announcement, joint ventures and associates may also be referred to as"equity-accounted investments". The term "Shell interest" is used forconvenience to indicate the direct and/or indirect (for example, through our23% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shellin a venture, partnership or company, after exclusion of all third-partyinterest. This announcement contains forward-looking statements concerning the financialcondition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemedto be, 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. These forward-looking statements are identified by their use of terms andphrases such 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 of factors that could affect the future operations of RoyalDutch Shell and could cause those results to differ materially from thoseexpressed in the forward-looking statements included in this announcement,including (without limitation): (a) price fluctuations in crude oil and naturalgas; (b) changes in demand for Shell's products; (c) currency fluctuations; (d)drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g)environmental and physical risks; (h) risks associated with the identificationof suitable potential acquisition properties and targets, and successfulnegotiation and completion of such transactions; (i) the risk of doing businessin developing countries and countries subject to international sanctions; (j)legislative, fiscal and regulatory developments including regulatory measuresaddressing climate change; (k) economic and financial market conditions in various countries and regions;(l) political risks, including the risks of expropriation and renegotiation ofthe terms of contracts with governmental entities, delays or advancements inthe approval of projects and delays in the reimbursement for shared costs; and(m) changes in trading conditions. All forward-looking statements contained in this announcement are expresslyqualified in their entirety by the cautionary statements contained or referredto in this section. Readers should not place undue reliance on forward-lookingstatements. Additional risk factors that may affect future results arecontained in Royal Dutch Shell's 20-F for the year ended December 31, 2012(available at www.shell.com/investor and www.sec.gov ). These risk factors alsoexpressly qualify all forward looking statements contained in this announcementand should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement,December 5, 2013. Neither Royal Dutch Shell plc nor any of its subsidiariesundertake any obligation to publicly update or revise any forward-lookingstatement as a result of new information, future events or other information.In light of these risks, results could differ materially from those stated,implied or inferred from the forward-looking statements contained in thisannouncement. We may have used certain terms, such as resources, in this announcement thatUnited States Securities and Exchange Commission (SEC) strictly prohibits usfrom including in our filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F,File No 1-32575, available on the SEC website www.sec.gov. You can also obtainthese forms from the SEC by calling 1-800-SEC-0330.