2011 Interim Dividends

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* for the interim quarterly dividends for 2011:

The final dividend for 2011 will be paid after the Annual Shareholders’ Meeting of May 11, 2012.

* These ex-dividend and payment dates relate to the Total shares traded on the Euronext Paris.

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.

^(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:

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.

* 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.