12-12-08 6:26 AM EST
LONDON -(Dow Jones)- Royal Dutch Shell PLC’s (RDSB.LN) pension fund has fallen into deficit after the big drop in global equities markets caused by the financial crisis and economic downturn, a spokesman for the company said Friday.
“We can’t be precise on the status of pensions until the books are closed,” and will update pension holders again in March, he said. Company Web site: www.shell.com -By James Herron, Dow Jones Newswires; +44 (0)20 7842 9317; james.herron@ dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today’s most important business and market news, analysis and commentary: http:// www.djnewsplus.com/al?rnd=H3p6tBa69Yk8W%2B7WLYSeeQ%3D%3D. You can use this link on the day this article is published and the following day. (END) Dow Jones Newswires 12-12-080626ET Copyright (c) 2008 Dow Jones & Company, Inc. |