London/Frankfurt/Brussels, 10 October 2008 - Baker & McKenzie has advised Shell on its successful leniency application in an important European Commission case.

The success means that Shell will not receive a fine, unlike nine other major companies, who were fined a total of €676 million for price fixing and a market sharing cartel for paraffin wax.

Commenting on the successful application, Luis Gomez, competition Partner at Baker & McKenzie, said: ''Together with Shell's in-house legal team - led by Joanne Taylor, Senior Legal Counsel in London, and Wolfgang Albrecht, Head of Legal Germany in Hamburg - whose professionalism, expertise and commitment to compliance were key, we were able to steer our client through this process in order to secure this positive outcome''.

The Baker & McKenzie team was led by Partners Luis Gomez (London) and Dominique Wagener (Frankfurt), and included Thomas Lampert and Henning Leupold in Brussels.