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Registration document 2007 - Total.com

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Corporate Governance<br />

Employees, Share Ownership, Stock Options and Restricted Share Grants<br />

Stock options awarded to the ten employees (other than executive directors) receiving the largest awards/Stock options<br />

exercised by the ten employees (other than executive directors) exercising the largest number of options<br />

<strong>Total</strong> number Exercise price Exercise price Date of the<br />

of options up to from Board meeting<br />

awarded/options May 23, 2006 (b) May 24, 2006 (b) awarding Expiration<br />

exercised (a) (in euros) (in euros) the options Date<br />

Options awarded in 2006 to the ten<br />

employees of TOTAL S.A., or any<br />

<strong>com</strong>pany in the Group, receiving the<br />

largest number of options<br />

633,000 - 50.60 July 18, 2006 July 18, 2014<br />

Options exercised in 2006 by the ten 3,200 23.44 - March 17, 1998 March 17, 2006<br />

employees of TOTAL S.A., or any 31,256 28.25 27.86 June 15, 1999 June 15, <strong>2007</strong><br />

<strong>com</strong>pany in the Group, exercising the 55,888 40.68 40.11 July 11, 2000 July 11, 2008<br />

largest number of options 256,544 42.05 41.47 July 10, 2001 July 10, 2009<br />

183,638 39.58 39.03 July 9, 2002 July 9, 2010<br />

108,690 33.30 32.84 July 16, 2003 July16, 2011<br />

22,312 39.85 39.30 July 20, 2004 July 20, 2012<br />

661,528 38.70 (c)<br />

(a) The number of options exercised up to May 23, 2006 has been multiplied by four to take into account the four-for-one stock split approved by TOTAL’s shareholders’ meeting on May 12,<br />

2006.<br />

(b) To take into account the four-for-one stock split, the exercise price of stock options has been divided by four. In addition, to take into account the Arkema spin-off, the exercise price of<br />

stock options was multiplied by an adjustment ratio of 0.986147, effective as of May 24, 2006.<br />

(c) Weighted-average price.<br />

5<br />

TOTAL – <strong>Registration</strong> Document 2006 121

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