Q2 2010 Quarterly Dividend and Q3 Timetable Announcement

THE HAGUE, Netherlands, July 29, 2010 /PRNewswire-FirstCall/ -- The Board of Royal Dutch Shell plc ("RDS") today announced an interim dividend in respect of the second quarter of 2010 of US$0.42 per A and B ordinary share, equal to the US dollar dividend for the same quarter last year.

Dividends declared on A ordinary shares ("A shares") will be paid by default in euro, although holders of A shares will be able to elect to receive dividend in pounds sterling. Dividends declared on B ordinary shares ("B shares") will be paid by default in pounds sterling, although holders of B shares will be able to elect to receive dividend in euro. Dividends declared on American Depository Receipts ("ADRs") will be paid in US dollars.

Details relating to the second quarter 2010 interim dividend

This dividend will be payable on September 8, 2010 to those members whose names are on the Register of Members on August 6, 2010. The shares will become ex-dividend on August 4, 2010.

It is expected that the dividends on the B shares will be paid via the Dividend Access Mechanism from UK-sourced income of the Shell Group.

    Per ordinary share  Q2 2010
    RDS A shares (US$)  0.42
    RDS B shares (US$)  0.42

    Per ADR             Q2 2010
    RDS A ADRs (US$)    0.84
    RDS B ADRs (US$)    0.84

Dividends on A shares will be paid, by default, in euro at the rate of EUR 0.3227 per A share. Holders of A shares who have validly submitted pounds sterling currency elections by July 28, 2010 will be entitled to a dividend of 26.89p per A share.

Dividends on B shares will be paid, by default, in pounds sterling at the rate of 26.89p per B share. Holders of B shares who have validly submitted euro currency elections by July 28, 2010 will be entitled to a dividend of EUR 0.3227 per B share.

Holders of A or B shares in ADR form will be entitled to a dividend of US$0.84 per ADR.

Taxation

Dividends on A shares will be subject to the deduction of Netherlands dividend withholding tax at the rate of 15%, which may be reduced in certain circumstances. Provided certain conditions are met, shareholders in receipt of A share dividends may 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 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 tax credit, if double tax arrangements between the United Kingdom and their country of residence so provide, or if they are eligible for relief given to non-residents with certain special connections with the 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 referable to the second quarter 2010 interim dividend of US$0.42 (26.89p or EUR 0.3227) is US$0.05 (2.99p or EUR 0.0359) per ordinary share and the dividend and tax credit together amount to US$0.47 (29.88p or EUR 0.3586).

Dividend reinvestment plan

The Royal Bank of Scotland N.V. ("RBS") and Equiniti each have established a dividend reinvestment facility which enables RDS shareholders to elect to have their dividend payments used to purchase RDS shares of the same class as those already held by them. The dividend reinvestment plans (the "DRIPs") are provided by RBS in respect of shares held through Euroclear Nederland and by Equiniti in respect of all other shares (but not ADRs). DRIPs for the ADRs (both Class A ADRs and Class B ADRs) traded on the NYSE are available through The Bank of New York Mellon.

Enquiries about the DRIPs, including how to elect to participate and information about the reinvestment mechanisms under the respective plans should, in the case of shareholders holding through Euroclear Nederland, be directed to their bank or broker and in the case of all other shareholders (other than holders of ADRs) to Equiniti. Enquiries relating to the DRIPs for ADRs (both Class A ADRs and Class B ADRs) should be made to The Bank of New York Mellon.

Scrip dividend programme

At the 2010 Annual General Meeting of the Company, shareholders approved a resolution authorising the Directors to offer ordinary shareholders (excluding any shareholder holding shares as treasury shares) the right to choose to receive extra ordinary shares instead of some or all of the cash dividend or dividends which may be declared or paid at any time after the date of that meeting and prior to May 18, 2015 (the "Scrip Dividend Programme").

The Board intends to introduce the Scrip Dividend Programme in relation to the third quarter 2010 financial results.

Shareholders will be provided with full details of its terms and conditions and how to participate in September 2010. Full details of the Scrip Dividend Programme will be made available on http://www.shell.com/dividend.

Revised timetable for the third quarter 2010 interim dividend

The Board advises shareholders that the timetable for the third quarter 2010 interim dividend has been revised as a result of the intended introduction of the Scrip Dividend Programme.

    Revised intended timetable for the third quarter 2010 interim
    dividend:

    Announcement date                                 October 28, 2010

    Ex-dividend date                                  November 3, 2010

    Record date                                       November 5, 2010

    Scrip reference share price announcement date     November 10, 2010


    Closing of scrip election and currency election   November 26, 2010

    Pounds sterling and euro equivalents announcement December 3, 2010
    date

    Payment date                                      December 17, 2010

The revised intended dividend timetable for the third quarter 2010 interim dividend is also available on http://www.shell.com/dividend.

Royal Dutch Shell plc

The Hague, July 29, 2010

SOURCE Royal Dutch Shell plc