Shell Increases Interest in Offshore Brazil BC-10

The Hague (December 30, 2013) - Shell today announces it has completed the
acquisition of an additional 23% interest in the Parque das Conchas (BC-10)
project offshore Brazil for US $1 billion. Regulatory approvals have been
obtained and Shell will now hold a 73% operating interest. The purchase is
effective January 1, 2013. Partner ONGC, previously holding a 15% working
interest, will now hold a 27% working interest. This purchase is the result of
pre-empting a third party's bid for Petrobras' 35% interest in BC-10.

Currently, BC-10 is producing approximately 50,000 boe/d. Since coming on-stream
in 2009, BC-10 has produced more than 80 million barrels of oil equivalent
(boe).  Phase 2 of the project, to tie-in the Argonauta O-North field, came
online on October 1(st) 2013, with an expected peak production of 35,000 boe per
day.  Final Investment Decision for Phase 3 of the BC-10 project was taken in
July 2013 and once online is expected to reach a peak production of 28,000
boe.



Enquiries

Media
Shell US Media Relations +1 713 241 4544
Shell International Media Relations +44 20 7934 5550
Shell Brazil Media Relations +55 21 3984 7413

Investor Relations
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International + 31 70 377 4540



Cautionary note

The companies in which Royal Dutch Shell plc directly and indirectly owns
investments are separate entities. In this announcement "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
announcement refer to companies over which Royal Dutch Shell plc  either
directly or indirectly has control. Companies over which Shell has joint control
are generally referred to "joint ventures" and companies over which Shell has
significant influence but neither control nor joint control are referred to as
"associates". In this announcement, joint ventures and associates may also be
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
23% shareholding in Woodside Petroleum Ltd.) ownership interest held by Shell in
a venture, partnership or company, after exclusion of all third-party interest.

This announcement 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,
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''intend'', ''may'', ''objectives'', ''outlook'', ''plan'', ''probably'',
''project'', ''risks'', "schedule", ''seek'', ''should'', ''target'', ''will''
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 announcement, including (without limitation): (a) price
fluctuations in crude oil and natural gas; (b) changes in demand for Shell's
products; (c) currency fluctuations; (d) drilling and production results; (e)
reserves 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 announcement 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 risk factors that may affect future results are contained
in Royal Dutch Shell's 20-F for the year ended December 31, 2012 (available at
www.shell.com/investorand www.sec.gov ). These risk factors also expressly
qualify all forward looking statements contained in this announcement and should
be considered by the reader.  Each forward-looking statement speaks only as of
the date of this announcement, December 30, 2013. Neither Royal Dutch Shell plc
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 announcement.

We may have used certain terms, such as resources, in this announcement that
United States Securities and Exchange Commission (SEC) strictly prohibits us
from including in our 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.






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Source: Shell International BV via GlobeNewswire
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