Power Plant Commissioned

Total Fina Elf.
26 March 2003

         Bang Bo Combined Cycle Power Plant Commissioned in Thailand

Paris, March 26, 2003 -TotalFinaElf announces that the Bang Bo gas-fired
combined cycle power plant in Thailand began commercial operation March 25.
Located 40 kilometers southeast of Bangkok, the 350-megawatt plant is equipped
with the latest-generation, high efficiency gas turbine and will generate power
for the Electricity Generating Authority of Thailand (EGAT).

The Bang Bo plant is supplied with gas from the Gulf of Thailand and connected
to the Bangkok power grid. TotalFinaElf owns a 28% interest in the project,
together with Thailand's GMS Power (promoter and partner with 32%). Japan's
Marubeni (28%) and Taiwan-based China Development Industrial Bank (12%).

This investment fits in with TotalFinaElf's strategy for developing its
downstream gas operations. It reinforces the Group's position in Thailand, where
TotalFinaElf is already a major gas producer through its participation in the
Bongkot field.





                      This information is provided by RNS
            The company news service from the London Stock Exchange