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Registration Document 2005 - Total.com

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Elf Aquitaine share subscription options granted to Executive Officers of the Group<br />

(Management Committee and Treasurer as of December 31, <strong>2005</strong>) (1)<br />

Plan 1998 Plan 1999 n°1 Plan IMT 1998 <strong>Total</strong><br />

Exercise price per Elf Aquitaine share (in euros) 105.95 115.60 105.95<br />

Expiration date 03/31/<strong>2005</strong> 03/30/2009 03/31/<strong>2005</strong><br />

Options granted 29,050 18,190 83,505 130,745<br />

Options existing as of January 1, <strong>2005</strong> 1,000 10,390 14,050 25,440<br />

Options exercised in <strong>2005</strong> 1,000 5,795 14,050 20,845<br />

Options existing as of December 31, <strong>2005</strong> 0 4,595 0 4,595<br />

Number of corresponding TOTAL shares (2) 0 6,716 0 6,716<br />

(1) Some of the members of the Management Committee of TOTAL at December 31, <strong>2005</strong>, <strong>com</strong>ing from the Elf Aquitaine group, held Elf Aquitaine options that carried, if exercised,<br />

an option of exchange for TOTAL shares on the basis of the exchange parity in the Exchange Offer in 1999, i.e. 19 TOTAL shares for 13 Elf Aquitaine shares (see note 24 to the<br />

consolidated financial statements, page 206).<br />

(2) Assumption of maximum implementation of the exchange parity (19 TOTAL shares for 13 Elf Aquitaine shares).<br />

Corporate Governance<br />

Headcount, Employee shareholding, Stock options and restricted share grants<br />

TOTAL - <strong>Registration</strong> <strong>Document</strong> <strong>2005</strong><br />

5<br />

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