Individual Shareholders

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Dividend

2012 Dividend

1^st interim dividend

The Board of Directors met on April 26, 2012, and approved a first 2012 interim quarterly dividend of €0.57 per share. The ex-dividend date was September 24, 2012 and the payment date was September 27, 2012.

2^nd interim dividend

The Board of Directors met on July 26, 2012, and approved a second quarter 2012 interim dividend of €0.59/share, an increase of 3.5% from the previous quarter. The ex-dividend date was December 17, 2012 and the payment date was December 20, 2012.

3^rd interim dividend

The Board of Directors met on October 30, 2012, and approved a third quarter 2012 interim dividend of €0.59/share. This interim dividend is unchanged versus the previous quarter and was increased 3.5% compared to the third quarter 2011. The ex-dividend date was March 18, 2013 and the payment date was March 21, 2013.

Remainder

For fiscal year 2012, Total plans to continue its dividend policy by proposing a dividend of €2.34/share at the Shareholders’ Meeting on May 17, 2013, including a remainder of €0.59/share, with an ex-dividend date on June 24, 2013 and a payment on June 27, 2013. This dividend is 2.6% higher than the previous year.

The ex-dividend dates above relate to the Total shares traded on the NYSE Euronext Paris.

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
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.

Dividend evolution

Changes in the pay-out ratio⁽¹⁾ for the past five years are as follow:

Ratio Evolution

⁽¹⁾ Based on the adjusted fully-diluted earnings for the relevant year.

Appreciation of a portfolio invested in Total shares

Net yield of 4.4% 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		Value, as of December 31, 2011 of €1,000 invested
		Total ^(a)	CAC 40 ^(b)	Total	CAC 40
1 year	January 1, 2011	+5.5%	-14.3%	1,055	857
5 years	January 1, 2007	-1.7%	-7.5%	918	677
10 years	January 1, 2002	+4.4%	-0.9%	1,538	914
15 years	January 1, 1997	+11.3%	+4.6%	4,982	1,963

^(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 in 2006 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.


	2010	2009	2008	2007	2006	2005	2004
Net dividend per share	2.28	2.28	2.28	2.07	1.87	1.62	1.35
Interim dividend	1.14 ^{Paid November 17, 2010}	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}
Remainder	1.14 ^{Paid May 26, 2011}	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.