Judicial Interviews Completed
Total S.A.
23 March 2007
South Pars Iran : Judicial interviews of Total employees completed
Paris, March 22, 2007 - Total confirms that the interviews of Robert Castaigne,
Chief Financial Officer of Total and Philippe Boisseau, Executive Vice President
Gas & Power, with investigators of the French financial police (BRDE) were
completed in the evening of March 21, 2007. Neither has been charged with any
offence.
After being held for questioning, Mr. Christophe de Margerie, Chief Executive
Officer of Total, has left the judge's office after being placed under formal
investigation in proceedings related to a judicial investigation, initiated in
December 2006. This investigation is related to the development of the South
Pars project in Iran, for which Total entered into agreements with the National
Iranian Oil Company (NIOC)in 1997.
Once again, the Group expresses its full support for its employees and confirms
that the agreements for the development of the South Pars project were entered
into in compliance with applicable law.
The Group is confident in its belief that the investigation will establish the
absence of any illegal activities and reaffirms that Total adheres to a strict
code of conduct 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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