Registration Document 2005 - Total.com

Four-for-one stock split
A proposal will be made to the General Meeting of Shareholders
on May 12, 2006 to split the TOTAL share par value by four.
Consequently, on May 18, 2006, subject to approval by the General
Meeting of Shareholders, each shareholder will receive four new
TOTAL shares, with par value of 2.50 euros each, for each old
share with par value of 10 euros.
In addition, after approval of this four-for-one stock split, the
Company intends to change the ratio between its ADSs
(American Depositary Shares) and the TOTAL shares: one ADS
will correspond to one share (compared to two ADSs per share
previously).
Share performance
TOTAL share price in Paris (2001-2005)
2001
TOTAL
CAC 40 (indexed on TOTAL share price)
Euro Stoxx 50 (indexed on TOTAL share price)
2002 2003 2004 2005
Source Datastream - Price as at December 30, 2005: 212.20 euros
TOTAL ADS price in New York (2001 – 2005)
TOTAL ADS
Dow Jones (indexed to the TOTAL ADS price)
2001 2002 2003 2004 2005
Source Datastream - Price as at December 30, 2005: $126.40
Arkema spin-off
TOTAL and its shareholders
TOTAL shares
TOTAL - Registration Document 2005
6
Within the framework of the spin-off of Arkema’s chemical activities
from the Group’s other chemical activities, a proposal will be
made to the General Meeting of Shareholders of May 12, 2006
to approve TOTAL S.A.’s contribution to Arkema, under the legal
regime governing spin-offs, of all its interests in the businesses
included under Arkema’s perimeter, as well as to allocate one
Arkema share allocation right for each TOTAL share, with 10
allocation rights entitling the holder to one Arkema share. Fractional
rights may be traded on the Eurolist by Euronext market until
June 26, 2006, and under Delisted Shares after that date. Arkema
shares may also be freely traded on the Eurolist by Euronext
market as of May 18, 2006.
Change in stock prices in Europe compared to
major oil competitors between january 1, 2005
and December 31, 2005 (in local currency)
TOTAL (euro) + 32.0%
BP (British pound) + 21.9%
Royal Dutch Shell A (Euro) + 21.7%
Royal Dutch Shell B (British pound) + 20.2%
ENI (euro) + 27.3%
Change in stock prices in the United States compared
to major oil competitors between january 1, 2005 and
December 31, 2005 (in dollars)
TOTAL + 15.1%
ExxonMobil + 9.5%
BP + 10.0%
Royal Dutch Shell A + 7.1%
Royal Dutch Shell B + 8.2%
Chevron + 8.1%
ENI + 10.8%
ConocoPhillips + 34.1%
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