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E D I T O R I A L T H E C O M P A N Y T H E T O T A L E N E R G I E S S H A R ET H E T A X A T I O N S H A R E H O L D E R R E L A T I O N S

TAXATION ON CAPITAL GAINS FOR SHARES

NOT HELD IN PEA (CONTINUED)

Above €1,000 per year for singles (and €2,000 per year for couples f iling a joint

income tax return capital gains are taxed at an overall rate of 25 plus church

tax if applicable or if you opt to at your applicable income tax rate

A 55 solidarity surtax is levied on the 25 withholding tax representing

a global rate of 26375

Capital gains may be taxed in your country of residence. You need to contact

the tax authorities of your country of residence or your tax advisor to obtain

more information about your particular situation.

IN GERMANY

A FEW EXAMPLES

NB Losses incurred on the sale of shares acquired since

January 1 2009 can be offset against gains derived from

the sale of shares acquired from that date

02

You are a foreign

tax resident

YOUR CAPITAL GAINS

ARE EXEMPT FROM INCOME

TAX IN FRANCE

THE TAX SYSTEM

OF YOUR COUNTRY

OF RESIDENCE APPLIES