Total S.A.
21 March 2007
2, place de la Coupole
La Defense 6
92 400 Courbevoie France
Tel: 33 (1) 47 44 58 53
Fax: 33 (1) 47 44 58 24
Jerome SCHMITT
Laurent WOLFFSHEIM
Philippe HERGAUX
Sandrine SABOUREAU
Robert HAMMOND (US)
Tel: (1) 201 626 3500
Fax: (1) 201 626 4004
TOTAL S.A.
Capital 5 981 907 383 euros
542 051 180 R.C.S. Nanterre
www.total.com
South Pars Iran : Clarification
Paris, March 21, 2007 - Following media reports this day, Total believes it is
important to clarify the Group's position with regards to the ongoing French
judicial inquiry into the company's activities in Iran opened in December 2006
around the South Pars project signed in 1997 between Total and the NIOC
(National Iranian Oil Company).
- Three Total employees, including Mr. de Margerie, Total Chief Executive
Officer, will be heard today by investigators of French financial police
(BRDE).
- Total fully supports its employees and underlines that the agreements signed
in 1997 were done so in accordance to applicable laws.
- Total is confident in the fact that investigation will establish the absence
of any illegal activities and hopes that it will be conducted with serenity.
- Total has a strict code of conduct and adheres to it in all countries where
the Group is present regardless of the difficulties linked to its activities
and the environments in which it operates.
******
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
This information is provided by RNS
The company news service from the London Stock Exchange
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