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Registration document 2011 - tota - Total.com

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1.2. Share performance<br />

TOTAL share price (in euros)<br />

in Paris (2008-<strong>2011</strong>) (a)<br />

120<br />

110<br />

100<br />

90<br />

80<br />

70<br />

60<br />

50<br />

40<br />

2008 2009 2010 <strong>2011</strong><br />

TOTAL CAC 40 Eurostoxx 50<br />

Source: Bloomberg - Share price as of December 31, <strong>2011</strong>: €39.50.<br />

(a) Base 100 as of January 1, 2008.<br />

1.2.1. Arkema spin-off<br />

Within the framework of the spin-off of Arkema’s chemical activities<br />

from the Group’s other chemical activities, the Shareholders’ Meeting<br />

of May 12, 2006 approved TOTAL S.A.’s contribution to Arkema,<br />

under the regulation governing spin-offs, of all its interests in the<br />

businesses included under Arkema’s scope, as well as the allocation<br />

for each TOTAL share of an allotment right for Arkema shares,<br />

with ten allotment rights entitling the holder to one Arkema share.<br />

Since May 18, 2006, Arkema’s shares have been traded<br />

on Euronext Paris.<br />

Pursuant to provisions stated in the notice prior to the sale of unclaimed<br />

shares (Avis préalable à la mise en vente de titres non réclamés)<br />

published on August 3, 2006, in the French newspaper Les Échos,<br />

Arkema shares corresponding to allotment rights for fractional<br />

shares which were unclaimed as of August 3, 2008, were sold<br />

on Euronext Paris at an average price of €32.5721 per share.<br />

As a result, from August 3, 2008, the indemnity price per share<br />

of allotment rights for Arkema share is €3.25721 (NYSE Euronext<br />

notice No.PAR_20080812_02958_EUR). BNP Paribas Securities<br />

Services paid an indemnity to the financial intermediaries on<br />

remittance of corresponding allotment rights for Arkema shares.<br />

As from August 4, 2018, the unclaimed amounts will be handed<br />

over to the French Caisse des dépôts et consignations where the<br />

holders will still be able to claim them for a period of twenty years.<br />

After this time limit, the amounts will permanently be<strong>com</strong>e the property<br />

of the French State.<br />

TOTAL ADR price (in dollars)<br />

in New York (2008-<strong>2011</strong>) (a)<br />

120<br />

110<br />

100<br />

90<br />

80<br />

70<br />

60<br />

50<br />

40<br />

1.2.2. Change in share prices in Europe of<br />

the major European oil <strong>com</strong>panies between<br />

January 1, <strong>2011</strong> and December 31, <strong>2011</strong><br />

(closing price in local currency)<br />

TOTAL (€) -0.4%<br />

Royal Dutch Shell A (€) +13.8%<br />

Royal Dutch Shell B (pound sterling) +16.0%<br />

BP (pound sterling) -1.1%<br />

ENI (€) -2.0%<br />

Source: Bloomberg<br />

1.2.3. Change in share prices in the United<br />

States (ADR quotes in dollars for European<br />

<strong>com</strong>panies) of the major international oil<br />

<strong>com</strong>panies between January 1, <strong>2011</strong> and<br />

December 31, <strong>2011</strong> (closing price in dollars)<br />

TOTAL -4.4%<br />

ExxonMobil +15.9%<br />

Royal Dutch Shell A +9.4%<br />

Royal Dutch Shell B +14.0%<br />

Chevron +16.6%<br />

BP -3.2%<br />

ConocoPhillips +7.0%<br />

ENI -5.6%<br />

Source: Bloomberg<br />

TOTAL and its shareholders<br />

Listing details 6<br />

2008 2009 2010 <strong>2011</strong><br />

TOTAL Dow Jones<br />

Source: Bloomberg - ADR price as of December 31, <strong>2011</strong>: $51.11.<br />

(a) Base 100 as of January 1, 2008.<br />

<strong>Registration</strong> Document <strong>2011</strong>. TOTAL 141

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