Re Agreement
April 01 2003 - 7:48AM
UK Regulatory
RNS Number:4866J
Total Fina Elf.
1 April 2003
TotalFinaElf Plans Service Station Swaps in Germany for Retail Outlets in
France, Czech Republic and Hungary
Paris - April 1, 2003 - Under an agreement with Shell, TotalFinaElf is planning
to swap 133 Shell-DEA retail outlets in Germany for seven motorway service
stations in France, its 33 service stations in the Czech Republic and its 70
service stations in Hungary.
The agreement will consolidate TotalFinaElfs marketing positions in Germany,
where the Group already operates a network of 1,200 outlets.
TotalFinaElf will maintain a presence in the Czech Republic and Hungary in the
specialties segment, which covers lubricants, liquefied petroleum gas, bitumen.
aviation fuel, solvents and paraffins.
Performance of this agreement is subject to the approval of the competent
regulators.
This information is provided by RNS
The company news service from the London Stock Exchange
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