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Judicial Interviews Completed

23rd Mar 2007 07:51

Total S.A.23 March 2007 South Pars Iran : Judicial interviews of Total employees completed Paris, March 22, 2007 - Total confirms that the interviews of Robert Castaigne,Chief Financial Officer of Total and Philippe Boisseau, Executive Vice PresidentGas & Power, with investigators of the French financial police (BRDE) werecompleted in the evening of March 21, 2007. Neither has been charged with anyoffence. After being held for questioning, Mr. Christophe de Margerie, Chief ExecutiveOfficer of Total, has left the judge's office after being placed under formalinvestigation in proceedings related to a judicial investigation, initiated inDecember 2006. This investigation is related to the development of the SouthPars project in Iran, for which Total entered into agreements with the NationalIranian Oil Company (NIOC)in 1997. Once again, the Group expresses its full support for its employees and confirmsthat the agreements for the development of the South Pars project were enteredinto in compliance with applicable law. The Group is confident in its belief that the investigation will establish theabsence of any illegal activities and reaffirms that Total adheres to a strictcode of conduct regardless of the difficulties linked to its activities and theenvironments in which it operates. Total is one of the world's major oil and gas groups, with activities in morethan 130 countries. Its 95,000 employees put their expertise to work in everypart of the industry - exploration and production of oil and natural gas,refining and marketing, gas trading and electricity. Total is working to keepthe world supplied with energy, both today and tomorrow. The Group is also afirst rank player in chemicals. www.total.com This information is provided by RNS The company news service from the London Stock Exchange

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