- First Dominion wind facility in growing renewable portfolio MT. STORM, W.Va., Dec. 8 /PRNewswire-FirstCall/ -- Dominion (NYSE:D) and Shell WindEnergy Inc. (Shell) (NYSE:RDS-ANYSE:RDS-B) announced today the completion of the NedPower Mount Storm LLC wind energy project in which they each own a 50% interest. Sited along the high ridges of West Virginia, the project is now fully operational, generating up to 264 megawatts of electricity from a renewable energy source for the mid-Atlantic power grid. (Photo: http://www.newscom.com/cgi-bin/prnh/20081208/LAM545) NedPower Mount Storm, whose construction began in 2006, is located about 120 miles west of Washington, D.C. in Grant County, West Virginia. The project consists of 132 wind turbines along 12 miles of the Allegheny Front, and can generate enough electricity to serve about 66,000 homes and businesses. Thomas F. Farrell II, Dominion's chairman, president and chief executive officer, said: "Dominion has about 1,300 megawatts of renewable generation in operation, under construction or in development. Renewables, conservation and other forms of generation - including clean coal and emissions-free nuclear - can and must play increasingly important roles in providing for America's energy needs." Marvin Odum, president of Shell Oil Company, said: "The NedPower Mount Storm project provides emissions-free power from a non-depleting source into a market serving the populous mid-Atlantic region of the United States. The delivery of this project not only adds to the economic activity of West Virginia but also contributes to the diversity of energy supplies we need in order to meet the energy challenge facing the United States. With the completion of NedPower Mount Storm, Shell is involved in wind projects with an overall capacity of 1,100 MW." Output from the wind farm will be sold into PJM Interconnection, a regional transmission operator and wholesale electricity market serving 51 million people in 13 states and the District of Columbia. Note to Editors: 1. According to the American Wind Energy Association, the U.S. wind industry installed about 1,400 MW of new wind capacity in the third quarter of the year (2008) bringing the total installed capacity to over 4,200 MW in the year and over 21,000 MW overall. Some 8,000 MW more are under construction for completion this year or next year. http://www.awea.org/publications/reports/3Q08.pdf 2. The NedPower Mount Storm project consists of 132 Gamesa G 80, 2 MW turbines. The project is sited on private land along the Allegheny Front in an area approximately 12 miles long. 3. A photo of this project may be downloaded from PRNewswire Contacts: Media: Shell: Tim O'Leary, (713) 241-4544, Dominion: Ryan Frazier, (804) 819-2521, Investor Dominion: Laura Kottkamp, (804) 819-2254, Relations: Shell: Harold Hatchett (212) 218 3112, About Dominion: Dominion is one of the nation's largest producers and transporters of energy, with a portfolio of approximately 27,000 megawatts of generation, 1.1 trillion cubic feet equivalent of proved natural gas and oil reserves, 14,000 miles of natural gas transmission, gathering and storage pipeline and 6,000 miles of electric transmission lines. Dominion operates the nation's largest natural gas storage facility with 975 billion cubic feet of storage capacity and serves retail energy customers in 12 states. For more information about Dominion, visit the company's Web site at http://www.dom.com/. About Shell Oil Company: Shell Oil Company, including its consolidated companies and its share in equity companies, is one of America's leading oil and natural gas producers, natural gas marketers, gasoline marketers and petrochemical manufacturers. Shell, a leading oil and gas producer in the deepwater Gulf of Mexico, is a recognized pioneer in oil and gas exploration and production technology. Shell Oil Company is an affiliate of the Shell Group, a global group of energy and petrochemical companies, employing approximately 104,000 people and operating in more than 110 countries and territories. About Royal Dutch Shell plc 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 145 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 http://www.shell.com/ Shell 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, May 4, 2006. 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. The United States Securities and Exchange Commission (SEC) permits oil and gas companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We use certain terms in this presentation, such as "oil in place" that the SEC's guidelines strictly prohibit us from including in filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575 and disclosure in our Forms 6-K file No, 1-32575, available on the SEC website http://www.sec.gov/. You can also obtain these forms from the SEC by calling 1-800-SEC-0330. http://www.newscom.com/cgi-bin/prnh/20081208/LAM545 DATASOURCE: Shell Oil Company CONTACT: CONTACT: Media, Tim O'Leary of Shell, +1-713-241-4544, ; or Ryan Frazier of Dominion, +1-804-819-2521, ; or Investors Laura Kottkamp of Dominion, +1-804-819-2254, ; or Harold Hatchett of Shell, +1-212-218-3112, Web Site: http://www.awea.org/publications/reports/3Q08.pdf http://www.shell.com/ http://www.shellus.com/

Copyright