REG-Royal Dutch Shell: Shell Second Quarter 2015 Interim Dividend <Origin Href="QuoteRef">RDSa.L</Origin>

ShellAnnouncement

30/07/2015 07:10

ROYAL DUTCH SHELL PLC SECOND QUARTER 2015 INTERIM DIVIDEND

The Board of Royal Dutch Shell plc ("RDS") today announced an interim dividend
in respect of the second quarter of 2015 of US$0.47 per A ordinary share ("A
Share") and B ordinary share ("B Share"), equal to the US dollar dividend for
the same quarter last year.

RDS provides eligible shareholders with a choice to receive dividends in cash
or in shares via a Scrip Dividend Programme ("the Programme"). For further
details please see below.

Details relating to the second quarter 2015 interim dividend

It is expected that cash 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 2015  
                                  
RDS A Shares (US$)       0.47     
                                  
RDS B Shares (US$)       0.47     

Cash dividends on A Shares will be paid, by default, in euro, although holders
of A Shares will be able to elect to receive dividends in pounds sterling.

Cash dividends on B Shares will be paid, by default, in pounds sterling,
although holders of B Shares will be able to elect to receive dividends in
euro.

The pounds sterling and euro equivalent dividend payments will be announced on
September 4, 2015.

Per ADS                   Q2 2015  
                                   
RDS A ADSs (US$)          0.94     
                                   
RDS B ADSs (US$)          0.94     

Cash dividends on American Depository Shares ("ADSs") will be paid, by default,
in US dollars.

ADS stands for an American Depositary Share. ADR stands for an American
Depositary Receipt. An  ADR is a certificate that evidences ADSs.  ADSs are
listed on the NYSE under the symbols RDS.A and RDS.B.  Each ADS represents two
ordinary shares, two A Shares in the case of  RDS.A or two B Shares in the case
of RDS.B.  In many cases the terms ADR and ADS are used interchangeably.

Scrip Dividend Programme

RDS provides shareholders with a choice to receive dividends in cash or in
shares via the Programme.

Under the Programme shareholders can increase their shareholding in RDS by
choosing to receive new shares instead of cash dividends, if approved by the
Board.   Only new A Shares will be issued under the Programme, including to
shareholders who currently hold B Shares.

Joining the Programme may offer a tax advantage in some countries compared with
receiving cash dividends. In particular, dividends paid out as shares will not
be subject to Dutch dividend withholding tax (currently 15 per cent) and will
not generally be taxed on receipt by a UK shareholder or a Dutch corporate
shareholder.

Shareholders who elect to join the Programme will increase the number of shares
held in RDS without having to buy existing shares in the market, thereby
avoiding associated dealing costs.

Shareholders who do not join the Programme will continue to receive in cash any
dividends approved by the Board.

Shareholders who held only B Shares and joined the Programme are reminded they
will need to make a Scrip Dividend Election in respect of their new A Shares if
they wish to join the Programme in respect of such new shares.  However, this
is only necessary if the shareholder has not previously made a Scrip Dividend
Election in respect of any new A Shares issued.

For further information on the Programme, including how to join if you are
eligible, please refer to the appropriate publication available on 
www.shell.com/scrip.

Dividend timetable for the second quarter 2015 interim dividend

Announcement
date                                                                  July
30, 2015

Ex-dividend date RDS A and RDS B ADS (Note 1)                August 12, 2015

Ex-dividend date RDS A and RDS B shares (Note 1)             August 13, 2015

Record
date                                                                              
August 14, 2015

Scrip reference share price announcement date                      August
20, 2015

Closing of scrip election and currency election (Note2)           August 28,
2015

Pounds sterling and euro equivalents announcement date      September 4, 2015

Payment
date                                                                           
September 21, 2015

Note 1

The London Stock Exchange and Euronext Amsterdam, with effect from October 6,
2014, reduced the standard settlement cycle in accordance with the Regulation
of the European Parliament and of the Council on improving securities
settlement in the European Union (EU) and on Central Securities Depositories
(CSDs) and amending Directive 98/26/EC (the CSD Regulation). The CSD Regulation
aims to harmonise EU securities settlement cycles towards a T + 2 cycle. As a
result, the ex-dividend dates for A and B shares traded on these markets are
one trading day later than A ADSs and B ADSs traded in the USA. Record dates
are not affected.

Note 2

A different scrip election date may apply to registered and non registered ADS
holders.

Registered ADS holders can contact The Bank of New York Mellon for the election
deadline that applies. Non registered ADS holders can contact their broker,
financial intermediary, bank or financial institution for the election deadline
that applies.

Both a different scrip and currency election date may apply to shareholders
holding shares in a securities account with a bank or financial institution
ultimately holding through Euroclear Nederland. Such shareholders can obtain
the applicable deadlines from their broker, financial intermediary, bank or
financial institution where they hold their securities account.

Dividend reinvestment plans withdrawn

Following the introduction of the Programme, the Dividend Reinvestment Plans
previously provided by Equiniti and ABN AMRO Bank N.V. have been withdrawn; the
dividend reinvestment feature of the plan provided by The Bank of New York
Mellon has likewise been withdrawn.

Shareholders who participated in one of these Dividend Reinvestment Plans will
in most cases not automatically be enrolled in the Programme and will in most
cases need to elect to join.

For full information on the Programme, please refer to the appropriate
publication available on www.shell.com/scrip.

Shareholders who do not join the Programme will continue to receive in cash any
dividends approved by RDS.

Taxation cash dividends

Cash 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 cash dividends may also be entitled to a non-payable dividend tax
credit in the United Kingdom.

Shareholders resident in the United Kingdom, receiving cash 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 2015 interim dividend of US$0.47 is US$0.05 per
ordinary share and the dividend and tax credit together amount to US$0.52. The
pounds sterling and euro equivalents will be announced on September 4, 2015.

Royal Dutch Shell plc

The Hague, July 30, 2015

Contacts:

- Investor Relations: Europe  + 31 (0) 70 377 4540;  North America +1 832 337
2034

- Media: International  +44 (0) 207 934 5550;  Americas  +1 713 241 4544


 

CAUTIONARY NOTE:

The companies in which Royal Dutch Shell plc directly and indirectly owns
investments are separate entities. In this release "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
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held by Shell in a venture, partnership or company, after exclusion of all
third-party interest.

This release 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
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cause actual results, performance or events to differ materially from those
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cause those results to differ materially from those expressed in the
forward-looking statements included in this release, 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
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including regulatory measures addressing climate change; (k) economic and
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trading conditions. All forward-looking statements contained in this release
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, 2014 (available at www.shell.com/investor and http://www.sec.gov/
). These risk factors also expressly qualify all forward looking statements
contained in this release and should be considered by the reader.  Each
forward-looking statement speaks only as of the date of this release, July 30,
2015. 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 release.

We may have used certain terms, such as resources, in this release 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.



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