Registration document 2007 - Total.com

Pursuant to this authorization, the Board of Directors awarded
574,000 existing TOTAL shares, par value 10 euros per share,
i.e. 2,296,000 shares, par value 2.50 euros per share, at its
meeting of July 19, 2005, and 2,295,684 TOTAL existing
shares, par value 2.50 euros per share, at its meeting of
July 18, 2006, i.e. 4,591,684 existing TOTAL shares, par value
2.50 euros per share. Therefore, as of December 31, 2006,
19,665,995 shares, par value 2.50 euros per share, could be
issued pursuant to this authorization.
• Authority to cancel shares up to a maximum of 10% of the
share capital per 24-month period. This authorization, granted
by the Shareholders’ Meeting of May 7, 2002, is effective until
the Shareholders’ Meeting called to approve the financial
statements for the year ending December 31, 2006. Pursuant
to this authorization, the Board of Directors decided to cancel:
– 23,443,245 shares, par value 10 euros per share, i.e.
93,772,980 shares, par value 2.50 euros per share, on
decision of the Board of Directors of November 19, 2002;
– 9,900,000 shares, par value 10 euros per share, i.e.
39,600,000 shares, par value 2.50 euros per share, on
decision of the Board of Directors of July 16, 2003;
– 30,100,000 shares, par value 10 euros per share, i.e.
120,400,000, par value 2.50 euros per share, on decision
of the Board of Directors of November 6, 2003, effective
November 21, 2003;
– 19,873,932 shares, par value 10 euros per share, i.e.
79,495,728 shares, par value 2.50 euros per share, on
decision of the Board of Directors of November 9, 2004,
effective November 20, 2004;
– 13,527,578 shares, par value 10 euros per share, i.e.
54,110,312 shares, par value 2.50 euros per share, on
decision of the Board of Directors of July 19, 2005;
– 7,547,990 shares, par value 10 euros per share, i.e.
30,191,960 shares, par value 2.50 euros per share, on
decision of the Board of Directors of November 3, 2005,
effective November 22, 2005, and
– 47,020,000 shares, par value 2.50 euros per share, on
decision of the Board of Directors of July 18, 2006.
Thus, as of December 31, 2006, taking into account the shares
previously cancelled, 111,254,523 shares could still be cancelled
under this authorization before the Shareholders’ Meeting of
May 11, 2007.
General information
Share capital
8
Furthermore, the Board of Directors decided to cancel
33,005,000 shares, par value 2.50 euros per share, on
January 10, 2007. Therefore, as of February 28, 2007, taking into
account all the shares which have been cancelled for the last
24 months, a maximum of 74,949,023 shares may be cancelled
until May 11, 2007 under this authorization before the
Shareholders’ Meeting of May 11, 2007.
TOTAL – Registration Document 2006 155