Shell Brand in Oregon Strengthened By Transition of Retail Assets

HOUSTON, March 6 /PRNewswire/ -- Shell Oil Products US (Shell), the marketer of the No. 1 selling gasoline brand in America, announced today that it has transitioned ownership or supply of 84 branded sites to PacWest Energy, LLC (PacWest), a joint venture formed between Shell and Jacksons Food Stores, Inc., an Idaho-based Shell-branded wholesaler. The sites will continue to sell Shell-branded gasoline, although PacWest will re-brand the convenience stores at 62 of these locations to the Jacksons brand.

"We look forward to meeting the needs of the residents of Portland, and to providing them with great service and quality Shell gasoline," said John Jackson, president, Jacksons Food Stores, Inc. "We anticipate the combined power of the Shell and Jacksons brands will serve to attract new customers throughout the region."

Jacksons Food Stores, Inc. headquartered in Meridian, Idaho, was founded in 1975 as a single service station. Today, Jacksons has grown into a multi-state chain of over 100 convenience stores and 10 Quick Serve Restaurants in four western states.

"With a strong, well-known retail brand and a reputation for excellent customer service, Jacksons Food Stores will help to strengthen the Shell retail network in the Pacific Northwest," said Bill Spurgeon, west region general manager, Shell Oil Products US. "Transitioning these sites will allow us to focus on delivering the quality fuels motorists expect from Shell."

This divestment is in line with Shell's publicly stated intent to transition retail assets to joint venture and wholesale operations, in order to move toward its vision of becoming the best fuels retailer in the world. According to a confidentiality agreement between the parties, the purchase prices cannot be disclosed.

Local consumers can take advantage of rebates on quality Shell fuels by calling 1-877-MY-SHELL or logging onto http://www.877MyShell.com to apply for the Shell Platinum MasterCard(R) from Citi Cards. The Shell MasterCard currently offers one of the best rebate programs in the industry with a 5 percent rebate on Shell quality fuels and a 1 percent rebate on retail purchases anywhere the card is used.

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]. For more information, please visit http://www.shell.com

Jacksons Food Stores is headquartered in Meridian, ID, and specializes in providing quality gasoline to customers through their company-operated and dealer-operated channels of distribution. Jacksons' service portfolio includes convenience stores, gasoline stations, car washes and Quick Serve Restaurants. For more information, please visit http://www.jacksonsfoodstores.com.

Disclaimer statement

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, 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, project delay or advancement, approvals and cost estimates; and (m) changes in trading conditions. All forward-looking statements contained in this presentation 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. Each forward-looking statement speaks only as of the date of this presentation, March 6, 2008. 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 document.

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