1st Quarter Sales

Total Fina Elf.
16 May 2000

              TotalFinaElf Reports First Quarter 2000
        Consolidated Sales Increased by 71.6% to 26.1 Billion Euros

Paris, May 16, 2000 -- TotalFinaElf reported first quarter 2000 consolidated
sales increased by 71.6% to 26.1 billion euros from 15.2 billion euros in the
first quarter 1999 (proforma).

Millions of Euros                  1 Qtr. 2000       1 Qtr. 1999        %
                                                       proforma

UPSTREAM(*)                           5,562             2,958        +88.0%
DOWNSTREAM                           19,063             9,703        +96.5%
CHEMICALS(**)                         5,112             3,951        +29.4%
Holding                                 109                92          n.s.
Consolidation eliminations(*)        (3,796)           (1,521)         n.s.

(*)  Upstream sales include external sales primarily of natural gas and LPG, and
internal sales to the Downstream segment of crude oil produced by the Company
and generally sold through the Trading Division.

     The consolidation eliminations represent primarily the sales of crude oil
by the Upstream segment to the Downstream segment.

(**) Chemicals include the links division sales in the 1999 first quarter; this
division was sold at the end of 1999.

The 71.6% increase in consolidated sales, first quarter 2000 versus proforma
first quarter 1999, is due primarily to:

*  the sharp increase in crude oil prices ($26.9/b versus $11.3/b) and to a much
lesser degree in natural gas prices;

*  and the strengthening of the dollar against the euro (1.01 euro/$ versus 0.89
euro/s).

Upstream sales rose by 88.0%, essentially due to higher hydrocarbon prices and
the stronger dollar.

Downstream sales rose by 96.5%, driven by the higher oil and refined products
prices as well as the stronger dollar.

The Chemical segment sales rose by 29.4%, reflecting essentially higher base
petrochemical prices and growth in the different sectors.

Contacts:

Catherine Enck            33 1 47 44 37 76
Elisabeth de Beaumont     33 1 47 44 63 77
Eve Gautier-Roux          33 1 47 44 47 66
Fabien Ghez               33 1 47 44 63 77