Exhibit 99.3

RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)

     The following table shows the ratios of earnings to fixed charges for TOTAL S.A. (“TOTAL”) and its subsidiaries and affiliates (collectively, the “Group”), computed in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board and as adopted by the European Union, for the six months ended June 30, 2009 and 2008 and the fiscal years ended December 31, 2008, 2007, 2006, 2005 and 2004.

	Six Months Ended
	June 30,				Years Ended December 31,
	2009		2008		2008		2007		2006		2005(a)		2004(a)
For the Group (IFRS)		21.30		31.04		20.86		14.06		13.93		18.60		24.69

(a) 2004 and 2005 amounts reflect continuing operations (i.e., excluding Arkema, which was spun-off on May 12, 2006).

     Earnings for the computations above under IFRS were calculated by adding pre-tax income from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees, fixed charges and distributed income of equity investees. Fixed charges for the computations above consist of interest (including capitalized interest) on all indebtedness, amortization of debt discount and expense and that portion of rental expense representative of the interest factor.

CAPITALIZATION AND INDEBTEDNESS OF TOTAL
(Unaudited)

     The following table sets out the unaudited consolidated capitalization and long-term indebtedness, as well as short-term indebtedness, of the Group at June 30, 2009, prepared on the basis of IFRS.

	At June 30,
	2009
	(in millions of euros)
Current financial debt, including current portion of non-current financial debt
Current portion of non-current financial debt		1,668
Current financial debt		6,248
Current portion of financial instruments for interest rate swaps liabilities		—
Other current financial instruments — liabilities		94
Total current financial debt		8,010
Non-current financial debt		19,640
Minority interests		963
Shareholders’ equity
Common shares		5,931
Paid-in surplus and retained earnings		55,031
Currency translation adjustment		(4,656	)
Treasury shares		(5,007	)
Total shareholders’ equity		51,299
Total capitalization and non-current indebtedness		71,902

     As of July 31, 2009, TOTAL had an authorized share capital of 3,387,833,625 ordinary shares with a par value of €2.50 per share, and an issued share capital of 2,347,601,812 ordinary shares (including 115,907,896 treasury shares from shareholders’ equity).

     As of June 30, 2009, approximately 734 M€ of TOTAL’s non-current financial debt was secured and approximately 18,906 M€ was unsecured, and all of TOTAL’s current financial debt of 6,248 M€ was unsecured. As of June 30, 2009, TOTAL had no outstanding guarantees from third parties relating to its consolidated indebtedness. For more information about TOTAL’s commitments and contingencies, see Note 23 of the Notes to TOTAL’s audited consolidated financial statements in its Annual Report on Form 20-F for the year ended December 31, 2008.

     Except as disclosed herein, there have been no material changes in the consolidated capitalization, indebtedness and contingent liabilities of TOTAL since June 30, 2009.