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ROYAL DUTCH SHELL PLC - Shell agrees sale of downstream businesses Norway to ST1

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Shell agrees sale of downstream businesses Norway to ST1

The Hague, 18 December 2014. Shell has signed an agreement with ST1 for the
sale of its retail, commercial fuels and supply and distribution logistics
businesses in Norway. In addition, Shell's aviation business in Norway will
become a 50-50 joint venture with ST1.

The sale is subject to regulatory approval and is expected to be completed in
2015.

The transaction includes a Retail Brand Licence Agreement which will ensure
that Shell's brand remains highly visible in Norway and that high-quality Shell
fuels and lubricants products, and the euroShell loyalty card scheme, will
continue to be available to customers in the country.

The deal will have no impact on Shell's other businesses in Norway - Shell
Energy Europe (SEE), Gasnor and Upstream, and Shell lubricants will continue to
be sold via a macro distributor.

The sale is consistent with Shell's strategy to concentrate its Downstream
footprint on a smaller number of assets and markets where it can be most
competitive. Recent examples include the sale of refineries in the UK, Germany,
France, Norway and the Czech Republic, and Downstream businesses in Australia
and Italy.


Enquiries

Shell Media Relations
International: +44 207 934 5550
Americas: +1 713 241 4544

Shell Investor Relations
Europe: + 31 70 377 4540
United States: +1 832 337 2034

Cautionary Note

The companies in which Royal Dutch Shell plc directly and indirectly owns
investments are separate entities. In this announcement "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
announcement refer to companies over which Royal Dutch Shell plc either
directly or indirectly has control. Companies over which Shell has joint
control are generally referred to "joint ventures" and companies over which
Shell has significant influence but neither 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 for convenience to indicate the direct and/or indirect
ownership interest held by Shell in a venture, partnership or company, after
exclusion of all third-party interest.

This announcement 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'',
``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 Royal Dutch Shell and could
cause those results to differ materially from those expressed in the
forward-looking statements included in this announcement, including (without
limitation): (a) price fluctuations in crude oil and natural gas; (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 identification of suitable potential acquisition 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 regulatory measures addressing climate change; (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
announcement 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 risk factors that may
affect future results are contained in Royal Dutch Shell's 20-F for the year
ended December 31, 2013 (available at www.shell.com/investor and www.sec.gov).
These risk factors also expressly qualify all forward looking statements
contained in this announcement and should be considered by the reader. Each
forward-looking statement speaks only as of the date of this announcement, 18
December 2014. Neither Royal Dutch Shell plc 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
announcement.

We may have used certain terms, such as resources, in this announcement that
United States Securities and Exchange Commission (SEC) strictly prohibits us
from 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 obtain these forms from the SEC by
calling 1-800-SEC-0330.

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