Exhibit 99.1
Regulatory release

Three and six month periods ended June 30, 2007
Unaudited Condensed Interim Financial Report

On July 26, 2007, Royal Dutch Shell plc (“Royal Dutch Shell”) released the Unaudited Condensed Interim Financial Report for the three and six-month period ended June 30, 2007 of Royal Dutch Shell and its consolidated subsidiaries (collectively, the “Shell Group”). This report includes the Unaudited Condensed Consolidated Interim Financial Statements, including condensed notes, for the Shell Group on the same basis that such information was announced by press release on July 26, 2007.

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Exhibit 99.2

Royal Dutch Shell plc

Three and six month periods ended June 30, 2007
Unaudited Condensed Interim Financial Report

Contents

1

Unaudited Condensed Interim Financial Report

This report contains:

In this report “Group” is defined as Royal Dutch Shell together with all of its consolidated subsidiaries. The expressions “Shell”, “Group”, “Shell Group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to the Group or Group companies in general. Likewise, the words “we”, “us” and “our” are also used to refer to Group companies 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. The expression “Group companies” as used in this Report refers 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 the Group has significant influence but not control are referred to as “associated companies” or “associates” and companies in which the Group has joint control are referred to as “jointly controlled entities”. In this Report, associates and jointly controlled entities are also referred to as “equity accounted investments”.

This report 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 Report, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for the Group’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserve estimates; (f) loss of market 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 potential litigation and regulatory effects arising from recategorisation of reserves; (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 report 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 2006 20-F (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 report, July 31, 2007. 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 report.

Please refer to the Annual Report on Form 20-F for the year ended December 31, 2006 for a description of certain important factors, risks and uncertainties that may affect the businesses of the Shell Group.

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Unaudited Condensed Interim Financial Report

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Operational and Financial Review for the three and six month periods ended June 30, 2007

Presented under IFRS (unaudited)
$ million

THREE MONTHS ENDED JUNE 30, 2007
The Shell Group’s income for the three months ended June 30, 2007 was $8,811 million, an increase of 17% compared to 2006 reflecting higher earnings in all segments except Exploration & Production.

Exploration & Production
Segment earnings were $3,301 million compared to $3,999 million a year ago. Segment earnings included a net income of $153 million, reflecting a gain from a divestment of $226 million and a gain of $19 million related to the mark-to-market valuation of certain UK gas contracts, which were partly offset by tax charges of $92 million. Segment earnings for the second quarter 2006 included a combined net income of $304 million including the impacts of a Canadian tax rate change and income of $147 million related to the mark-to-market valuation of certain UK gas contracts.

Earnings, when compared to the second quarter 2006, were mainly impacted by lower volumes, tax impacts and higher costs, reflecting current industry conditions, partly offset by a divestment gain. In addition, higher depreciation charges and exploration expenses impacted earnings when compared to the second quarter 2006.

Liquids realisations were relatively flat when compared to a year ago, while marker crudes Brent and WTI were down 1% and 8%, respectively. Gas realisations were 2% lower than a year ago. Outside the USA gas realisations decreased by 4% whereas in the USA gas realisations increased by 6%.

Second quarter 2007 production was 3,178 thousand boe per day compared to 3,253 thousand boe per day a year ago. Total crude oil production (including oil sands) was up 1% and total natural gas production was down 6% when compared to the second quarter 2006. Second quarter 2007 production was impacted by lower demand in North West Europe as a consequence of the continued warm weather and lower production in Nigeria due to the security situation. In Nigeria, at the end of the quarter, 195 thousand boe per day (Shell share) of production remained shut-in due to the security situation mainly in the Western Delta. No firm date can be given for a return to full production, nor the rate of ramp-up to full production.

Production compared to the second quarter 2006 included volumes from new fields including Erha (Shell share 44%) in Nigeria, E8 and B12 (Shell share 50%) in Malaysia, Pohokura (Shell share 48%) in New Zealand, Enfield in Australia (Shell share 21%, indirect) and Changbei (Shell share 50%) in China.

Gas & Power
Segment earnings were $779 million compared to $513 million a year ago. Second quarter 2007 earnings included a gain from divestments of $247 million. Increased earnings resulting from higher LNG sales volumes and LNG dividends were partly offset by lower European marketing and trading results.

LNG equity sales volumes of 3.25 million tonnes were 14% higher than in the same quarter a year ago. The increase was mainly related to the Nigeria LNG venture (Shell interest 26%), as a result of increased feedgas supply.

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Oil Products
Segment earnings were $3,928 million compared to $3,017 million for the same period last year. The impact of price volatility on inventory had a positive impact on second quarter earnings of $992 million compared with $952 million in the second quarter of 2006.

Earnings for the second quarter 2007 included a gain from divestments of $205 million. Second quarter 2006 earnings included net charges of $65 million related to restructuring of employee retirement plans in France partially offset by the impact of a reduction in deferred taxes in Canada arising from reduced tax rates.

Improved earnings reflected higher refining margins, improved marketing margins, higher trading contribution and divestment gains which were partly offset by higher operating and legal costs when compared to the second quarter 2006.

In Manufacturing, Supply and Distribution, industry refining margins in the USA and Europe remained strong and were higher than the same period a year ago. Refining margins in the East declined from levels in the second quarter of 2006. Refinery availability improved to 92.4% from 90.7% in the second quarter of 2006.

In Marketing, earnings increased compared to the same period a year ago mainly due to higher retail marketing margins and continued strong lubricants margins.

Marketing sales volumes declined 1.9% compared to volumes in the second quarter of 2006. Excluding the impact of divested volumes (1.9%) and rationalised B2B volumes (0.7%), volumes were some 0.7% higher.

Chemicals
Segment earnings were $626 million compared to $446 million for the same period last year. 2006 segment earnings included net charges of $30 million related to restructuring of employee retirement plans in France partially offset by the impact of a reduction in deferred taxes in Canada arising from reduced tax rates.

Earnings reflected improved margins and higher profits from equity accounted investments, which were partly offset by higher operating costs when compared to the same quarter in 2006. Sales volumes declined mainly as a consequence of a reduction in sales of lower margin products, including aromatics trading. Chemicals manufacturing plant availability remained strong at 92.6%, some 2% points lower than in the second quarter 2006.

Corporate
Segment earnings were $177 million, including a net income of $55 million on the sale of properties in the United Kingdom, compared to a loss of $448 million for the same period last year. Second quarter 2006 earnings included a $500 million provision in respect of the putative shareholder class actions filed in the United States District Court for the District of New Jersey relating to the 2004 recategorisation of certain hydrocarbon reserves.

Earnings reflected higher insurance underwriting income and improved net interest income, partly offset by higher corporate costs when compared to the second quarter 2006.

SIX MONTHS ENDED JUNE 30, 2007

The Shell Group’s income for the six months ended June 30, 2007 was $16,252 million, an increase of 12% compared to 2006 reflecting higher earnings in all segments except Exploration & Production.

Exploration & Production
Segment earnings of $6,809 million were 12% lower than the $7,742 million earnings in the comparative period of 2006, mainly reflecting lower production volumes and oil and gas prices, higher costs, reflecting current industry conditions and increased pre-development activity levels, partially offset by divestment gains. Segment earnings included income of $257 million mainly from gains from divestments of $352 million, partially offset by tax charges of $92 million. Segment earnings in the comparative period of 2006 included net income of $417 million mainly from a net gain of $113 million in respect of certain UK gas contracts, the impact of Canadian tax revisions and the resolution of certain contractual issues.

Liquid realisations were 3% lower than a year ago, compared to a decrease in Brent of 4% and WTI of 8%. Outside the USA gas realisations decreased by 3%. In the USA, gas realisations decreased by 11% compared to an increase in Henry Hub of 3%.

Hydrocarbon production was 3,343 thousand boe per day, 4% lower than a year ago (3,498 thousand boe per day).

Production in the first six months of 2007 compared to 2006 was impacted by lower demand in North West Europe as a consequence of warmer weather and lower production in Nigeria due to the security situation.

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Gas & Power
Gas & Power segment earnings were $1,582 million compared to $1,273 million a year ago. Earnings included net gains of $286 million related to divestments and a charge related to gas contracts mark-to-market valuation. Increased earnings resulting from higher Liquefied Natural Gas (LNG) sales volumes and LNG dividends were partly offset by lower marketing and trading results.

LNG equity sales volumes of 6.55 million tonnes were 12% higher than a year ago. The increase was mainly related to the Nigeria LNG venture (Shell interest 26%), as a result of increased feedgas supply.

Oil Products
Segment earnings were $5,730 million compared to $5,120 million for the same period last year. The impact of price volatility on inventory had a positive impact on earnings of $1,306 million compared with $1,722 million for the same period last year.

Earnings included a net gain of $29 million resulting from divestments partially offset by impairment of certain assets. Earnings in the first half of 2006 included net charges of $65 million related to restructuring of employee retirement plans in France, partially offset by the impact of a reduction in deferred taxes in Canada arising from reduced tax rates.

Improved earnings reflected higher refining margins, improved marketing margins, higher trading contribution and divestment gains, which were partly offset by impairment of certain assets, higher operating and legal costs when compared to the first half of 2006.

In Manufacturing, Supply and Distribution, industry refining margins remained strong and were higher than the same period a year ago. Refinery availability declined to 89.0% from 90.3% when compared to the first half of 2006.

In Marketing, earnings increased compared to the first half of 2006 mainly due to higher retail marketing margins and continued strong lubricants margins.

Marketing sales volumes declined 3.2% compared to volumes in the first half of 2006. This includes the impact of divested volumes (2.1%) and rationalised B2B volumes (0.7%).

Chemicals
Segment earnings were $1,153 million compared to $629 million for the same period last year. Earnings in the first half year of 2006 included net charges of $30 million related to restructuring of employee retirement plans in France partially offset by the impact of a reduction in deferred taxes in Canada arising from reduced tax rates.

Earnings reflected improved margins and higher profits from equity accounted investments, partly offset by higher fixed costs. Earnings from equity accounted investments included fully operational results from the Nanhai petrochemicals complex in China (Shell share 50%), which started up during the first quarter 2006 and was still ramping up production rates in the second quarter of 2006.

The decline in sales volumes mainly reflected a reduction in sales of lower margin products, including aromatics trading, as well as the marketing impact of planned turnaround activities in the Middle East in the first quarter of 2007. Chemicals manufacturing plant availability remained strong at 91.6%, some 2% points lower than in the same period last year.

Corporate
Segment earnings were $978 million compared to a loss of $221 million a year ago. Corporate segment earnings included a gain on the sale of the equity portfolio held by the Group insurance companies of $404 million compared to the recognition of a $500 million provision in respect of litigation a year ago. Earnings reflected higher insurance underwriting income and improved net interest income, partly offset by higher corporate costs when compared to a year ago.

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Unaudited Condensed Interim Financial Report

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PORTFOLIO DEVELOPMENTS FOR THE SIX MONTHS ENDED JUNE 30, 2007

Exploration & Production
In China, Shell and PetroChina started commercial production and gas delivery from the Changbei gas field.

In New Zealand, Shell delivered first offshore gas from the Pohokura field in the first quarter of 2007. This follows the delivery of onshore gas achieved in September 2006.

Shell sold 45% of the newly created Shell Technology Ventures Fund 1 BV (STV), an energy technology fund, to Coller Capital. Shell will remain the majority shareholder in the fund, which will focus on investing in non-exclusive Shell and third party exploration and production technologies.

In the United Kingdom, the Group announced its intention to sell its equity interests in a number of northern North Sea assets.

The Group completed the disposal to OAO Gazprom of a 50% stake (plus 1 share) in the Sakhalin project in Russia. In addition, the Ministry of Natural Resources of the Russian Federation announced its approval of the revised Environmental Action Plan.

During the first half of 2007, the Group made four material exploration discoveries, with two in Australia and further discoveries in Nigeria and Malaysia. The Group also significantly increased its overall acreage position with new exploration licences in Australia and the USA.

Gas & Power
In Australia, the North West Shelf venture (Shell direct and indirect interest, 22%) completed the renewal of long-term LNG purchase commitments with eight Japanese customers, totaling 4.3 million tonnes per annum over 6 to 8 years as from 2009.

In South America, the Group signed an agreement for the sale of certain gas transportation and power generation assets in Bolivia and Brazil. The transaction is expected to close before year-end, pending regulatory approvals.

In the USA, the sale of the Group’s participation in Enterprise Product Partners L.P., a natural gas processing company, was concluded mainly through private placement sales.

Oil Products
In the USA, Shell completed the transaction to sell the Los Angeles Refinery, Wilmington Products Terminal and approximately 250 retail sites and supply agreements in and around Los Angeles and San Diego to Tesoro Corporation.

Shell completed the sale of its LPG businesses in Bulgaria, the Czech Republic, Germany, Spain and Switzerland. The sale of the LPG business in Romania, which is subject to regulatory approval, is expected to close later this year.

Shell announced a strategic review of the Petit-Couronne and Reichstett-Vendenheim refineries and the Berre-l’Etang refinery site complex in France, with a combined capacity of around 300 thousand barrels per day (Shell share 100%), and the Yabucoa petrochemical feedstock refinery in Puerto Rico, which has a capacity of 79 thousand barrels per day (Shell share 100%).

In Ukraine, Shell and OJSC Alliance Group announced a commitment to establish a joint venture to operate 150 Shell branded retail sites. Shell will have a 51% share of the joint venture. Start-up of operations is subject to fulfilment of certain conditions and regulatory approval.

In Malaysia, the Group signed an agreement for the acquisition of 100 per cent of shares in the wholly-owned subsidiary of ConocoPhillips, Conoco Jet, comprising 44 ProJet branded retail service stations and 14 vacant land sites in the key growth markets of Malaysia.

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LIQUIDITY AND CAPITAL RESOURCES

Three months ended June 30, 2007
Cash flow provided by operating activities in the three month period to June 30, 2007 was $8.8 billion compared to $7.8 billion a year ago.

Capital investment^[A] for the three months ended June 30, 2007 was $5.8 billion of which $4.7 billion was invested in the Exploration & Production and Gas & Power segments. Capital investment in the same period of 2006 was $7.1 billion (including the minority share of Sakhalin) of which $6.2 billion was invested in the Exploration & Production and Gas & Power segments. This included in the $2.2 billion oil sands acquisition of BlackRock Ventures Inc. in Canada by Shell Canada in the second quarter of 2006.

Gross proceeds from divestments in the three month period to June 30, 2007 were $6.3 billion compared to $0.2 billion a year ago. Divestments in this quarter primarily related to the divestment to OAO Gazprom of a 50% stake (plus 1 share) in the Sakhalin project in Russia and the sale of the Los Angeles Refinery, Wilmington Products Terminal and approximately 250 retail sites and supply agreements in and around Los Angeles and San Diego to Tesoro Corporation.

Dividends of $0.36 per share were declared on July 26, 2007 in respect of the second quarter. These dividends are payable on September 12, 2007. In the case of the Class B shares, the dividends will be payable through the dividend access mechanism and are expected to be treated as UK-source rather than Dutch-source. See the Annual Report on Form 20-F for additional information on the dividend access mechanism.

During the second quarter 2007 $0.9 billion or 0.4% of Royal Dutch Shell shares were bought back for cancellation.

Six months ended June 30, 2007
Cash flow provided by operating activities in the six month period to June 30, 2007 was $20 billion compared to $15.7 billion a year ago.

Cash and cash equivalents amounted to $15.1 billion at the end of the period (2006: $11.8 billion). Total short and long-term debt amounted to $17.5 billion (2006: $14.6 billion).

Capital investment^[A] for the six months ended June 30, 2007 was $11.8 billion (including the minority share of Sakhalin) of which $9.7 billion was invested in the Exploration & Production and Gas & Power segments. Capital investment in the same period of 2006 (including the minority share of Sakhalin) was $11.3 billion of which $9.7 billion was invested in the Exploration & Production and Gas & Power segments.

In the six months ended Jun 30, 2007 the Group has paid cash of $7.1 billion for the acquisition of the shares in Shell Canada that it did not already own. As a result of this transaction, the consolidated financial statements of Royal Dutch Shell plc, with effect of the second quarter 2007, reflect some $7.1 billion decrease in shareholders equity, causing a $1,639 million decrease in minority interest, being the book value of the item acquired, with the excess of the purchase price over the book value of $5,445 million being taken to retained earnings. Partially offsetting the cash flow impact of the Shell Canada acquisition were increases in other minority interests.

Gross proceeds from divestments in the six month period to June 30, 2007 were $6.7 billion compared to $0.7 billion a year ago. Dividends of $0.36 per share were declared on May 3, 2007 and July 26, 2007 totaling $0.72 per share in respect of the first and second quarters.

During the first half of 2007 $1.4 billion or 0.6% of Royal Dutch Shell shares were bought back for cancellation.

[A] Capital investment includes capital expenditure (adjusted for non-cash items and the pre-funding of working capital within jointly controlled assets), investments in equity accounted investments and exploration expense (excluding depreciation and release of currency translation differences).