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Shell’s Statement on the President’s Offshore Announcement

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HOUSTON, May 27 /PRNewswire/ — The Deepwater Horizon accident in the Gulf of Mexico is a terrible tragedy for the families of those who lost their lives or were injured, as well as our neighbors in the Gulf region.

Immediately following the on-set of this incident, we undertook a number of proactive steps to reinforce our top priority, safety, by conducting a comprehensive review of our operating practices, testing frequencies and training protocols. We have an unwavering commitment to safe operating practices and will actively seek to understand the causes of the Deepwater Horizon incident.

We respect and understand today’s decision in the context of the tragic spill in the Gulf of Mexico, but we remain confident in our drilling expertise, which is built upon a foundation of redundant safety systems and company global standards. In Alaska, our drilling plans have undergone an unprecedented level of review, including scrutiny from the courts, regulators and stakeholders. We welcome this scrutiny and will work closely with the government and other experts during this suspension in drilling activities.

About Shell

Shell Oil Products US, a subsidiary of Shell Oil Company, is a leader in the refining, transportation and marketing of fuels, and has a network of approximately 6,100 branded gasoline stations in the Western United States. Shell Oil Company is an affiliate of the Shell Group [(NYSE: RDS.A) and (NYSE: RDS.B)]. Shell Oil Company is a 50 percent owner of Motiva Enterprises LLC, along with Saudi Refining, Inc. Motiva Enterprises LLC refines and markets branded products through more than 8,300 Shell-branded stations in the Eastern and Southern United States.

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 100 countries 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 including wind and solar power. For further information, visit www.Shell.com.

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