TOTAL S.A. in $1.0 Billion Benchmark SEC-Registered Bond Offering

October 2, 2009

Cleary Gottlieb acted as counsel to the underwriters in TOTAL’s first SEC-registered bond offering. The bonds were issued by Total Capital, a wholly owned subsidiary of TOTAL S.A., and guaranteed by TOTAL S.A., in an aggregate principal amount of $1.0 billion. The transaction, which priced on September 25 and closed on October 2, was managed by Banc of America Securities LLC and Deutsche Bank Securities Inc.

TOTAL is the fifth largest publicly-traded integrated oil and gas company in the world and a major actor in the chemicals business, with operations in more than 130 countries on five continents.