2nd Jubail Agreement Signed

Dhahran, Saudi Arabia, January 28, 2009 -- Saudi Aramco Total
Refining and Petrochemical Co. (SATORP) signed another agreement on
January 24 for its proposed refinery in Jubail.

The contract was awarded to the Saudi company Abdul-Rahman M. Al-Shalawi Est.

The agreement, signed one month after the award of the Temporary
Facilities Contract, is the second of 15 agreements to be signed by
SATORP for the completion of the joint-venture project between the
two shareholders, Saudi Aramco and Total.

CEO Salem H. Shaheen, accompanied by a number of the company’s senior
officials, held meetings in Rome during the previous week, providing
information on the project to the international contractors in
preparation for their bids. Similar meetings also are scheduled with
qualified local contractors in al-Khobar.

Signing the agreement in the current international economic
circumstances emphasizes the eagerness of shareholders Saudi Aramco
and Total to proceed as planned with this vital project according to
the proposed time schedule.

The refinery, which is expected to start production by the end of
2012, has a processing capacity of 400,000 barrels per day of Arabian
heavy crude.
--SPA