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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 Royal Dutch Shell plc
and subsidiaries in general or to those who work for them. These
terms are also used where no useful purpose is served by identifying
the particular entity or entities. ''Subsidiaries'', "Shell
subsidiaries" and "Shell companies" as used in this press release
refer to entities over which Royal Dutch Shell plc either directly or
indirectly has control. Entities and unincorporated arrangements over
which Shell has joint control are generally referred to as "joint
ventures" and "joint operations", respectively. Entities over which
Shell has significant influence but neither control nor joint control
are referred to as "associates". The term "Shell interest" is used
for convenience to indicate the direct and/or indirect ownership
interest held by Shell in an entity or unincorporated joint
arrangement, after exclusion of all third-party interest.

This press release contains forward-looking statements (within the
meaning of the U.S. Private Securities Litigation Reform Act of 1995)
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 "aim", "ambition', ''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 press release, including