Re Agreement

TOTAL S.A.
                  

      Republic of Gabon: Total Gabon's Convention of Establishment Renewed

Total announces that Total Gabon and the Republic of Gabon have signed an
agreement to renew for 25 years the convention of establishment, which expired
on June 30, 2007.

The convention of establishment defines, among other things, the legal and tax
system governing Total Gabon's concessions, operating licenses and crude
transportation installations. It covers 17 concessions and operating licenses
representing an area of nearly 1,500 square kilometres and more than 60% of
Total's share of output in Gabon (more than 50,000 barrels per day in 2006).

The system was thoroughly updated to promote exploration and development of oil
and gas resources and to support oil and gas production in Gabon. Total is
therefore considering additional development of the Anguille field, wholly owned
by Total Gabon, which came on stream in 1966. A final investment decision could
be made at the end of 2007. This project would add more than 100 million barrels
of proved and probable reserves and 30,000 barrels of oil per day in first half
of next decade.

The renewal of the convention of establishment between Total and the Republic of
Gabon demonstrates their renewed trust in developing the country's natural
resources.

Total Gabon

Total Gabon is Gabon's top-ranked oil operator, with total operated crude oil
production of around 36% of the country's output. Total's equity production
averaged 87,000 barrels of oil equivalent per day in 2006.

Present in Gabon since 1931, Total Gabon has helped to discover more than 80% of
the country's oil and gas reserves and has developed more than 50 onshore and
offshore fields over the past 50 years. Since 2000, Total Gabon launched a
wide-ranging program to appraise and redevelop existing fields to enhance
recovery and slow down the natural decline in output. Under the program, capital
expenditure is expected to double in 2007 from $130 million in 2006 and will be
sustained in subsequent years.

Total Gabon is a Gabonese company whose shares are listed on Eurolist by
Euronext Paris. Total holds 58%, the Republic of Gabon 25% and the public float
is 17%.

Total is one of the world's major oil and gas groups, with activities in more
than 130 countries. Its 95,000 employees put their expertise to work in every
part of the industry - exploration and production of oil and natural gas,
refining and marketing, gas trading and electricity. Total is working to keep
the world supplied with energy, both today and tomorrow. The Group is also a
first rank player in chemicals. www.total.com