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AFX News: Pension fund will not confirm reported vote against Groenink at Shell AGM

AMSTERDAM (Thomson Financial) – Royal Dutch Shell PLC shareholder ABP, one of the largest Dutch pension funds, will not confirm or deny media reports it will vote against the appointment of ABN Amro CEO Rijkman Groenink as a Shell non-Executive director at next Tuesday”s annual meeting.

Dutch newspapers reported the claim earlier, citing documents obtained by reporters.

ABP spokesman Thijs Steger said he could not discuss the content of that document, and told Thomson Financial News that “it was a discussion paper and at the moment there is no decision”.

The spokesman added: “Not until the AGM will we make clear what our position is and on whose behalf we have taken it.”

Dave van Ginhoven, [email protected]

Copyright AFX News Limited 2007. All rights reserved.

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