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SHELL HYDROGEN APPOINTS JEREMY BENTHAM NEW CEO

* * * * * * * * * * * * * * * * * March 19, 2003* * * * * * * * * * * * * * * * *
Shell Hydrogen today announced that Jeremy Bentham has been appointed Chief Executive Officer with effect from 1 April 2003.

Jeremy takes up his position as Shell Hydrogen moves into the next stage of its development. Shell Hydrogen is a leader in the hydrogen sector with joint ventures in hydrogen storage, purification and reforming. Shell is the only energy group involved in demonstration projects in all three of the key hydrogen markets comprising the US, Europe and Japan. Earlier this month Shell Hydrogen and General Motors announced a partnership to help make hydrogen vehicles a commercially viable reality.

Jeremy brings to Shell Hydrogen broad experience in research, manufacturing, strategy, sales and marketing. He joined Shell in 1980 following post-graduate experience at the California Institute of Technology. He holds a masters degree in management from the Massachusetts Institute of Technology, where he was a Sloan Fellow from 1990 to 1991. He is a graduate of Oxford University where he read physics.

He is currently Vice President Hydrocarbon Logistics in Shell Global Solutions where his responsibilities include commercial and strategic development, including the management of service relationships with existing clients and the development of new business.

“I am very much looking forward to taking up my post at Shell Hydrogen,” Jeremy said today. “This is a thrilling area, in which a variety of players are working towards a better future. I look forward to working with Shell Hydrogen’s existing partners and to forging new partnerships, as we make progress together on the path to a commercially viable hydrogen economy.”

Jeremy Bentham will be replacing Don Huberts who has been appointed as Vice President Refining and Chemicals in Shell Global Solutions. He will be based in Amsterdam, the Netherlands.

ENQUIRIES: Shell International Media Relations Simon Buerk +44 (0) 20 7934 3453

Shell Hydrogen is a global business of the Royal Dutch/Shell Group of Companies with headquarters in Amsterdam and regional basis in Houston and Tokyo. Shell Hydrogen was set up in 1999 to pursue and develop business opportunities related to hydrogen and fuel cells.

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