REG-Royal Dutch Shell: RDS-BG recommended combination Brazil antitrust cleared <Origin Href="QuoteRef">RDSa.L</Origin>

ShellAnnouncement

24/07/2015 19:50

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For immediate release                                                   
24 July 2015                                                            
                                                                        
                                                                        
                                                                        
Shell-BG recommended combination receives Brazilian antitrust clearance 
                                                                        
The Hague, July 24 2015 - Royal Dutch Shell plc ("Shell") today         
announced that its recommended combination with BG Group plc ("BG") has 
received unconditional merger clearance from the Brazilian competition  
authority (CADE), satisfying the first of the pre-conditions to the     
combination. Other pre-conditions include merger clearances in          
Australia, China and Europe.                                            
                                                                        
Commenting on CADE clearance Shell CEO, Ben van Beurden, said: "The     
addition of BG's competitive deep water Brazil position to Shell's      
global portfolio is one of the main strategic drivers for the           
combination.  Securing CADE approval at this early stage is a           
significant deal milestone and reflects not only Shell's thorough       
preparation but also the professionalism and efficiency of the Brazilian
authorities."                                                           
                                                                        
Following comments made in June, when the recommended combination       
cleared its first antitrust hurdle in the United States, van Beurden    
also today re-confirmed the filing process is well underway in the      
remaining pre-conditional and other jurisdictions, and the recommended  
combination remains on track to complete in early 2016.  The            
pre-conditions and conditions to the combination are set out in the 8   
April deal announcement.                                                
                                                                        
                                                                        
Ends                                                                    
                                                                        
Enquiries:                                                              
                                                                        
Shell                                                                   
Shell Media Relations                                                   
International:              +44 207 934 5550                            
Americas:                  +1 713 241 4544                              
                                                                        
Shell Investor Relations                                                
Europe:                      + 31 70 377 4540                           
North America:           +1 832 337 2034                                
                                                                        
                                                                        
Additional Information                                                  
                                                                        
This announcement is not intended to and does not constitute or form    
part of any offer to sell or subscribe for or any invitation to purchase
or subscribe for any securities or the solicitation of any vote or      
approval in any jurisdiction pursuant to the Shell-BG combination or    
otherwise, nor shall there be any sale, issuance or transfer of         
securities of Shell or BG pursuant to the Shell-BG combination in any   
jurisdiction in contravention of applicable laws.                       
                                                                        
This announcement does not constitute a prospectus or prospectus        
equivalent document.                                                    
                                                                        
Overseas jurisdictions                                                  
The release, publication or distribution of this announcement in        
jurisdictions other than the United Kingdom may be restricted by law and
therefore any persons who are subject to the laws of any jurisdiction   
other than the United Kingdom should inform themselves about, and       
observe, any applicable requirements. The information disclosed may not 
be the same as that which would have been disclosed if this announcement
had been prepared in accordance with the laws of jurisdictions outside  
the United Kingdom.                                                     
                                                                        
Forward looking statements                                              
This announcement contains certain forward looking statements. All      
statements other than statements of historical fact are, or may be      
deemed to be, forward-looking statements including statements as to the 
expected progress of the Shell-BG combination. 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 are qualified in
th eir entirety by the inherent risks and uncertainties surrounding     
future expectations. Readers should not place undue reliance on forward 
looking statements. Each forward looking statement speaks only as of the
date of this announcement. The Shell group does not undertake any       
obligation to publicly update or revise any forward looking statement as
a result of new information, future events or otherwise, except to the  
extent legally required. In light of these risks, results, performance  
and events could differ materially from those stated, implied or        
inferred from the forward looking statements contained in this          
announcement.                                                           
                                                                        
In accordance with Rule 26.1 of the Code, a copy of this announcement is
also available on the website of Shell at: www.shell.com                



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