SHELL TO SELL GAS FIELDS IN SOUTH TEXAS TO OXY USA, INC.
The Hague – Shell today announced an agreement to sell a group of gas fields in
South Texas to OXY USA, Inc., a subsidiary of Occidental Petroleum Corp., for
approximately $1.8 billion, effective January 1, 2011. The sale is a further
step in Shell’s ongoing portfolio restructuring and focus on capital efficiency.

“We are concentrating our investment on the most promising growth opportunities
and that means taking a hard look at existing assets like our fields in South
Texas, where we have been active for more than 50 years,” said Marvin Odum,
Director Upstream Americas. “This sale helps move us towards our goal of
divesting $7-8 billion in assets worldwide in 2010 and 2011, and rationalizing
our North American portfolio following on from recent acquisitions there.”

The fields include all Shell’s gas-producing properties and related assets in
South Texas, where Shell first drilled wells in 1953. They are predominately
mature tight gas fields which currently produce some 200 million cubic feet of
gas equivalent per day. Shell and OXY USA have signed a definitive sales
agreement and the transaction is expected to close in early 2011, subject to
regulatory approvals.

Acreage recently acquired in the Eagle Ford shale in Texas is not part of the
transaction.

Shell continues to make significant investments in natural gas development in
North America. Earlier this year, Shell added to its tight gas holdings,
acquiring the Eagle Ford acreage and purchasing East Resources, a private
company with significant acreage in the highly prospective Marcellus shale in
the eastern USA.

ENQUIRIES:
Shell Media Relations:
International, UK, European Press  		+31 70 377 3600

Shell US Media Line				+1 713-241-4544

Shell Investor Relations:
The Hague 	Tjerk Huysinga  			+31 70 377 3996 / +44 207 934 3856
US 		Harold Hatchett  		+1 713 241 1019


Notes to Editors
The fields being divested include:
•	McAllen Ranch field
•	Javelina field
•	McAllen Pharr field
•	Slick Ranch field
•	LaCopita/North Rincon field



Royal Dutch Shell plc
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 90 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 press 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
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
press release 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 press release, associates and jointly
controlled entities are also referred to as “equity-accounted investments”. The
term “Shell interest” is used for convenience to indicate the direct and/or
indirect (for example, through our 24% shareholding in Woodside Petroleum Ltd.)
ownership interest held by Shell in a venture, partnership or company, after
exclusion of all third-party interest.

This press 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 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 press release, including (without limitation): (a) price fluctuations in
crude oil and natural gas; (b) changes in demand for the Shell’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 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 press 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 factors that may affect future results are contained in Royal Dutch
Shell’s 20-F for the year ended December 31, 2009 (available at
www.shell.com/investor and www.sec.gov ). These factors also should be
considered by the reader.  Each forward-looking statement speaks only as of the
date of this press release, December 10, 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 press release.

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 producible under existing economic and operating
conditions.  We may have used certain terms in this press release 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. You can also obtain these
forms from the SEC by calling 1-800-SEC-0330.

- ------------------------------------------------------------
This Report on Form 6-K is incorporated by reference into:

a) the Registration Statement on Form F-3 of Royal Dutch Shell plc and Shell
International Finance B.V. (Registration Numbers 333-155201 and 333-155201-01);
and

b) the Registration Statements on Forms S-8 of Royal Dutch Shell plc
(Registration Numbers 333-126715 and 333-141397).