Disclaimer  Please, read this disclaimer

Main events for Arkema⁽¹⁾ spin-off and Total stock split*

	March 14	Total's Board of Directors meeting to prepare draft resolutions that will be submitted for approval to the May 12 Shareholders meeting.  The Press Release
	April 5	AMF visa on the prospectus in connection with the listing of Arkema shares  Download the Arkema Prospectus
	May 12	Mixed Shareholders meeting of Total
	May 18	Allocation of allotment rights for Arkema S.A. shares
	May 18	Allocation of final dividend for 2005: 3.48 euro per share
	May 18 after allocation of Arkema S.A. allotment rights	4-for-1 Total par value stock split
	May 18, 9 AM (Paris Time)	First trading in new Total shares
	May 18, 2006	First trading in Arkema S.A. shares and allotment rights for Arkema S.A. shares
	June 26	End of trading in allotment rights for Arkema S.A. shares

* Operations approved by the Mixed Shareholders meeting of Total

(1) The spin off of the Arkema businesses by Total is described in details in the prospectus prepared in the view of the listing of the Arkema shares on the Eurolist by Euronext™ which received visa n°06-106 from the AMF and can be obtained free of charge from Arkema (4-8 Cours Michelet 92800 Puteaux -tel. + 33(0)1.49.00.75.00) and Total (2, place de la Coupole, La Défense, 6, 92400 Courbevoie - tel. 0800.039.039 for individual shareholders and + 33(0)1.47.44.58.53 for institutional shareholders) and on the website of Arkema ( www.arkemagroup.com), the present website and the website of the Autorité des Marchés Financiers ( www.amf-france.org).  The reader is invited to pay careful attention to the risk factors described in Chapter 4 of the prospectus.
No securities are being offered for sale or subscription in connection with the spin-off of Arkema’s businesses and, accordingly, this description is not intended to be an offer to sell or to subscribe for or a solicitation of an offer to purchase or to subscribe for the Arkema shares, especially in any jurisdiction in which such an offer or solicitation would be unlawful under the laws of that jurisdiction.  The securities of Arkema have not been and will not be registered under the US Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration.
In addition, this description does not constitute a solicitation to obtain a consent or a favourable vote in order to approve the spin off of the Arkema businesses by Total, especially in any jurisdiction in which such a solicitation would be unlawful under the laws of that jurisdiction.