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7 June 2012

Shell Battles Fiction


To: <jya[at]pipeline.com>
From: Royal Dutch Shell plc. <alerts[at]shell.com>
Subject: Shell considers legal action following launch of fictitious international campaign
Date: Thu,  7 Jun 2012 21:48:37 +0200 (CEST)

[Images link to articready.com]

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 [] Shell considers legal action following launch of fictitious international campaign

Lawyers operating on behalf of Royal Dutch Shell plc. (Shell) are considering formal action against unknown activists who staged a counterfeit campaign launch event at the Seattle Space Needle.

The groups released a stream of social media content, with the defamatory hashtag #shellfail, which deliberately misrepresents the safety of Shell's drill rigs heading to the Arctic, and extensively violated Shell’s intellectual property rights.

Shell is monitoring the spread of potentially defamatory material on the internet and reporters are advised to avoid publishing such material.

These activists' tactics stand in marked contrast to Shell's transparency regarding the safety of Shell's Arctic efforts. Earlier this week, Shell hosted Alaskan Governor Sean Parnell and Senator Lisa Murkowski on a safety tour of the Kulluk rig, during which the Senator and Governor were soundly impressed by the Kulluk's cutting-edge safety mechanisms.

"We can confirm that this was not a Shell event. Activist groups are becoming increasingly desperate in their attempts to block our federally approved right to drill in the Arctic, and are resorting to ever more underhanded tactics," said Curtis Smith, Shell Alaska Spokesman.

"These individuals choose to focus on the safety record of the rigs going to the Arctic, but there have been no accidents involving either vessel and both have been extensively upgraded in a recent $150 million overhaul. We stand confidently behind these measures, which is why we have gone beyond the federally-mandated liability cap of $75 million and have established a $12 billion escrow fund to mitigate any potential risks. Despite this deliberate attempt to frighten the public, it is clear and obvious that Shell takes safety extremely seriously."

Journalists are also warned about a counterfeit website and European billboard campaign launched by the activists. The website, at www.ArcticReady.com, includes fake Let's Go ads, a "Let's Go Ad Generator," and a children's game.

"These people have gone to great lengths to mislead the public about the age and reliability of our Arctic vessels, and otherwise damage Shell's credibility," said Smith. "Shell can obviously not allow this sort of misinformation to proliferate, and we are taking the firmest legal measures against the perpetrators of this campaign."

Enquiries

Shell Media Relations
US Press: 713-628-6047, usmedia[at]shell.com [links to: media[at]arcticready.com]

Notes

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 100 countries and territories with businesses including oil and gas exploration and production; production and marketing of Liquefied Natural Gas and Gas to Liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com

Cautionary note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate entities. In this document "Shell", "Shell group" and "Royal Dutch Shell" are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words "we", "us" and "our" are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies. ''Subsidiaries'', "Shell subsidiaries" and "Shell companies" as used in this document refer to companies in which Royal Dutch Shell either directly or indirectly has control, by having either a majority of the voting rights or the right to exercise a controlling influence. The companies in which Shell has significant influence but not control are referred to as "associated companies" or "associates" and companies in which Shell has joint control are referred to as "jointly controlled entities". In this document, associates and jointly controlled entities are also referred to as "equity-accounted investments". The term "Shell interest" is used for convenience to indicate the dire ct and/or indirect (for example, through our 34% shareholding in Woodside Petroleum Ltd.) 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 financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management's current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell 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 and phrases such 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 affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this document, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group's products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisit ion properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including potential litigation and regulatory effects arising from recategorisation of reserves; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. All forward-looking statements contained in this document are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional factors that may affect future results ar e contained in Royal Dutch Shell's Annual Report and Form 20-F for the year ended December 31, 2009 (available at www.shell.com/investor and www.sec.gov - opens in new window). These factors also should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release, 17 May, 2010. Neither Royal Dutch Shell nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement 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 this document.

The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally produc ible under existing economic and operating conditions. We use certain terms in this document that SEC's guidelines 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, File No 1-32575, available on the SEC website www.sec.gov - opens in new window. You can also obtain these forms from the SEC by calling 1-800-SEC-0330.