3rd Quarter & 9 Mths Results

Total Fina S.A.
15 November 1999



TOTALFINA REPORTS NINE-MONTH 1999 CONSOLIDATED SALES
OF 190.6 BILLION FRENCH FRANCS (29.1 BILLION EUROS)

TOTALFINA reported consolidated sales for the third quarter 1999 of
75.2 billion French francs (11.5 billion euros) compared to 55.3 billion
French francs (8.4 billion euros) for the third quarter 1998, an increase
of 35.9%. For the first nine months of 1999, TOTALFINA reported
consolidated sales of 190.6 billion French francs (29.1 billion euros)
compared to 174.3 billion French francs (26.6 billion euros) reported for
the pro forma first nine months of 1998, an increase of 9.4 percent.

                               3rd Quarter                   9 Months
 Millions of French     1999    1998    variation  1999    1998    variation
 francs                      (pro forma)    %           (pro forma)     %
 
 Upstream (1)          12,597   8,697    +44.8%   35,452   32,738    +8.3%
 Downstream            55,747  38,542    +44.6%  132,246  118,887   +11.2%
 Chemicals             14,307  11,935    +19.9%   41,273   38,080    +8.4%
 Holding                  920     517              1,945    2,057
 Consolidation         (8,381) (4,376)           (20,277) (17,431)
 elimination of internal
 sales (2)
 Consolidated sales    75,190  55,315    +35.9%  190,639  174,331    +9.4%

                               3rd Quarter                   9 Months
 Millions of Euros     1999     1998   variation   1999    1998    variation
                            (pro forma)    %            (pro forma)     %

 Upstream (1)           1,919   1,325    +44.8%    5,404    4,990     +8.3%
 Downstream             8,499   5,876    +44.6%   20,161   18,124    +11.2%
 Chemicals              2,180   1,819    +19.9%    6,291    5,805     +8.4%
 Holding                  141      79                297      314
 Consolidations        (1,277)   (667)            (3,091)  (2,657)
 elimination of internal
 sales (2)
 Consolidated sales    11,462   8,432    +35.9%   29,062   26,576     +9.4%

(1) 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.

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


UPSTREAM

Upstream sales increased by 44.8 percent in the third quarter 1999 versus the
same period in 1998. For the nine-month period, Upstream sales increased  by 
8.3 percent in 1999 versus 1998.  These progressions are primarily due to the
following factors:

*  The average Brent crude oil price rose to $20.6/b in the third
   quarter 1999 from $12.5/b in the third quarter 1998. In the 1999             
   first nine months, the average Brent price rose to $15.8/b from
   $13.2/b in the 1998 first nine months.

*  Upstream  production increased 4.5 percent in the third quarter
   1999 versus the third quarter 1998.  In the nine-month 1999 period,          
  Upstream production increased to 1,100 mboe/d from 1,070 mboe/d in the pro    
 forma 1998 period despite the impact of lower OPEC quotas and of certain       
divestments.

*  The dollar/franc exchange rate increased to 6.26 in the third
   quarter 1999 from 5.91 in the same 1998 period, and rose to 6.10 in the      
  nine-month 1999 period from 6.01 in 1998.

*  The combined impacts of these factors was partially offset by the lag effect 
  in natural gas prices.

DOWNSTREAM

Downstream sales increased by 44.6 percent in the third quarter 1999 versus  the
third quarter 1998. Downstream sales rose by 11.2 percent in the nine-month 1999
period versus the same period in 1998. These progressions are primarily due to
higher oil and refined product prices.

European refining margins decreased in the first nine months of 1999 to
$9.2/tonne from $16.4/tonne in the same period last year.

CHEMICALS

Chemical sales increased by 19.9% in the third quarter 1999 versus the third
quarter 1998. Chemical sales rose by 8.4 percent in the nine-month 1999 period
versus the same period in 1998. Essentially, both organic and external growth of
activities more than offset declines in petrochemical product prices.


TOTALFINA owns 94.93 percent of Elf Aquitaine's share capital as of October  28,
1999.  The two companies are awaiting approval from the European Commission to
finalize their merger. A decision is expected in mid-February 2000.