Individual Shareholders

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Dividend

2011 Dividend

The Board of Directors of October 28, 2010 decided to change its interim dividend policy and to adopt a new quarterly dividend payment policy effective in 2011.

Calendar⁽¹⁾ for the interim quarterly dividends and the remainder for 2011:

	1^st interim dividend	2^nd interim dividend	3^rd interim dividend	Remainder⁽²⁾
Rate	€0.57 /share	€0.57 /share	€0.57 /share	€0.57 /share
Ex-dividend date	September 19, 2011	December 19, 2011	March 19, 2012	June 18, 2012
Payment date	September 22, 2011	December 22, 2011	March 22, 2012	June 21, 2012

⁽¹⁾These ex-dividend and payment dates relate to the Total shares traded on the Euronext Paris.
⁽²⁾Pending approval at the May 11, 2012, Annual Shareholders Meeting.

2010 Dividend

The Board of the General Assembly of May, 13 2011 approved the payment of a 2.28 euros per share dividend for the fiscal year 2010. Taking into account the interim dividend of 1.14 euro per share paid on November, 17 2010, the remaining 1.14 euro per share was detached on May 23, 2011 and paid on May, 26 2011. Taking these dates into account, you were required to be the owner of record by the close of business on May 20, 2011 in order to have received the dividend.

Dividend for the last five fiscal years (2006-2010)

^(a) In addition, on May 18, 2006, each Total share was granted an allotment right for an Arkema share, with ten allotment rights entitling the holder to one Arkema share.

In 2010, Total’s pay-out ratio was 50%⁽¹⁾. Changes in the pay-out ratio⁽²⁾ for the past three years are as follow:

Appreciation of a portfolio invested in Total shares

Net yield of 4.2% per year over ten years (excluding tax credit).

Multiplication of the initial investment by 1.5 over ten years

For every €1,000 invested in Total shares as of December 31, in year N, by an individual residing in France, assuming that the net dividends (excluding the tax credit) are reinvested in Total shares, and excluding tax and social withholding.

Table: multiplication of the initial investment by 1.5 over ten years
Investment date		Average annual total return^(a)		Total investment at year ended 2010 would be
		Total	CAC 40 ^(b)	Total	CAC 40
1 year	January 1, 2010	-6.9%	-0.4%	931	996
5 years	January 1, 2006	-0.9%	-0.9%	956	956
10 years	January 1, 2001	+4.2%	-1.7%	1,509	842
15 years	January 1, 1996	+13.1%	+7.3%	6,338	2,877

(a) Total's share prices, used for the calculation of the total return (including dividends and appreciation), take into account the adjustment made by Euronext Paris ex Arkema's share allocation rights.

(b) CAC 40 quotes taken into account to calculate the total return (including dividends and appreciation) include all dividends distributed by the companies that are in the index.

Dividend History (in euros)

The figures in the table below have been adjusted retroactively to take into account the 4-for-1 stock split completed on May 18, 2006.

Récapitulatif des dividendes
	2009	2008	2007	2006	2005	2004
Net dividend per share	2.28	2.28	2.07	1.87	1.62	1.35
Interim dividend	1.14 ^{Paid November 18, 2009}	1.14 ^{Paid November 19, 2008}	1.00 ^{Paid November 16, 2007}	0.87 ^{Paid November 17, 2006}	0.75 ^{Paid November 24, 2005}	0.60 ^{Paid November 24, 2004}
Balance of dividend	1.14 ^{Paid June 1, 2010}	1.14 ^{Paid May 22, 2009}	1.07 ^{Paid May 23, 2008}	1.00 ^{Paid May 18, 2007}	0.87 ^{Paid May 18, 2006}	0.75 ^{Paid May 24, 2005}
Gross Dividend per share*	-	-	-	-	-	1.65
Avoir fiscal tax credit*	-	-	-	-	-	0.30

* On the basis of a 50% tax credit on dividends put in payment before January 1, 2005, effective date for the physical persons of the abolition of the tax credit by the finance law for 2004. For other shareholders, the tax credit was abolished by the aforementioned law as from January 1, 2004.

The figures in the table below have not been adjusted retroactively to take into account the 4-for-1 stock split completed on May 18, 2006.

Récapitulatif des dividendes
	2005	2004	2003	2002	2001	2000
Net dividend per share	6.48	5.40	4.70	4.10	3.80	3.30
Interim dividend	3 ^{Paid November 24, 2005}	2.40 ^{Paid November 24, 2004}
Balance of dividend	3.48 ^{Paid May 18, 2006}	3 ^{Paid May 24, 2005}
Gross Dividend per share*	-	6.60	7.05	6.15	5.70	4.95
Avoir fiscal tax credit*	-	1.20	2.35	2.05	1.90	1.65

* On the basis of a 50% tax credit on dividends put in payment before January 1, 2005, the effective date for abolition of the tax credit by the finance law for 2004. For other shareholders, the tax credit was abolished by the aforementioned law as from January 1, 2004.

(1) Based on an adjusted fully-diluted earnings per share of €4.58.
(2) Based on the adjusted fully-diluted earnings for the relevant year.

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