SHELL SELLS UK STANLOW REFINERY TO ESSAR OIL (UK) LIMITED

The Hague,  29 March 2011

Shell today announced it has signed a sales and purchase agreement for its
270,000 barrel-per-day Stanlow refinery in the United Kingdom and certain
associated local marketing businesses with Essar Oil (UK) Limited (Essar) for a
total expected consideration of some $1.3 billion. Today’s announcement follows
a formal offer Essar made for Stanlow in mid-February.

The proposed sale covers Oil Products, Chemicals Manufacturing and access rights
to certain distribution terminal assets, plus the Commercial Fuels Bulk Fuels
and local Marine fuels businesses associated with the refinery.  It does not
include any of Shell’s UK Retail sites, the Shell higher olefins plant and
alcohols units, the lubricant oils blending plant, lubricants marketing
business, Shell aviation operations at airports, non-local marine business,
marine lubricants, commercial road transport marketing businesses, bitumen
marketing business or the Shell technology centre at Thornton.

It is expected that the transaction, which is subject to certain conditions
precedent, will be completed during the second half of 2011.

Shell’s Downstream Director, Mark Williams, said: “The decision to sell Stanlow
is part of our drive to concentrate our global manufacturing portfolio on larger
assets and, on completion, means we will have reduced our global refining
exposure through a combination of asset sales and closures by a total of 1.6
million barrels since 2002.”

“This deal serves Stanlow’s future well given Essar’s commitment to investment
and intent to increase site throughputs,” said Frank Willsdon, Stanlow General
Manager. “It can only benefit staff, business partners and the local community
and region. After our many years with Shell, we now look forward to a smooth
transition and moving forward with Essar.”

In addition to the sale of the assets, the two companies will enter into an
exclusive five year crude supply contract by Shell to Essar and into long-term
agreements for the supply of products in the UK by Essar to Shell.


Background:
Stanlow, which is near Ellesmere Port, Cheshire, employs 960 people and is the
UK’s second largest oil refinery, producing around one sixth of the UK’s petrol.

The Stanlow refinery accounts for around 15% of production from UK refineries
overall. It produces approximately 3.5 billion litres of petrol a year. Its
other main products are diesel and kerosene, used for aircraft fuel.


In the UK, Shell has a network of more than 900 branded retail sites, and
supplies and distributes oil products to a range of airport, Lubricants, Marine
and Bitumen customers. The company also has upstream operations in the UK sector
of the North Sea and 3 onshore gas plants.




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Shell Media Relations
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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, 333-141397 and 333-171206).