Purchase of Own Securities

Total Fina Elf.
2 July 2001


LETTER TO:  COMPANY ANNOUNCEMENTS OFFICE


Re : Notice of Repurchase of Ordinary Shares of TotalFinaElf

Please be advised that in connection with TotalFinaElf's share repurchase
program, TOTAL FINA ELF S.A. reacquired 3,600,000 of its ordinary shares,
nominal value 10 euros per share, in June 2001, through trades executed on the
Paris Bourse.

LETTER FROM:  TOTAL FINA ELF