Royal Dutch Shell plc third quarter 2010 euro and GBP equivalent dividend payments
The Board of Royal Dutch Shell plc (ìRDSî) today announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter interim dividend of 2010, which was announced on October 28, 2010 at $0.42 per A ordinary share (ìA Shareî) and B ordinary share (ìB Shareî).
Dividends on A Shares will be paid, by default, in euro at the rate of Ä0.3138 per A Share. Holders of A Shares who have validly submitted pounds sterling currency elections by November 26, 2010 will be entitled to a dividend of 26.72p per A Share.
Dividends on B Shares will be paid, by default, in pounds sterling at the rate of 26.72p per B Share. Holders of B Shares who have validly submitted euro currency elections by November 26, 2010 will be entitled to a dividend of Ä0.3138 per B Share.
This dividend will be payable on December 17, 2010 to those members whose names were on the Register of Members on November 5, 2010.
Taxation cash dividends
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 dividends may also be entitled to a non-payable dividend tax credit in the United Kingdom.
Shareholders resident in the United Kingdom, receiving 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 third quarter 2010 interim dividend of US$0.42 (26.72p or Ä0.3138) is US$0.05 (2.97p or Ä0.0349) per ordinary share and the dividend and tax credit together amount to US$0.47 (29.69p or Ä0.3487).
Royal Dutch Shell plc
The Hague, December 3, 2010
Shell Media Relations
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