4Q 2013 payment of dividends in sterling

RNS Number : 4532C

BP PLC

17 March 2014

 

17 March 2014

BP p.l.c.

Fourth quarter interim dividend for 2013

Payments of dividends in sterling

On 4 February 2014, the Directors of BP p.l.c. announced that the interim dividend for the fourth quarter 2013 would be US$0.095 per ordinary share (US$0.57 per ADS). This interim dividend is to be paid on 28 March 2014 to shareholders on the share register on 14 February 2014. The dividend is payable in cash in sterling to holders of ordinary shares and in US dollars to holders of ADSs. A scrip dividend alternative has been made available for this dividend allowing shareholders to elect to receive their dividend in the form of new ordinary shares and ADS holders in the form of new ADSs.

Sterling dividends payable in cash will be converted from US dollars at an average of the market exchange rate over the four dealing days from 11 March 2014 to 14 March 2014 (£1 = US$1.66477). Accordingly, the amount of sterling dividend payable in cash on 28 March 2014 will be:

5.7065 pence per share.

Details of the fourth quarter dividend and timetable are available at www.bp.com/dividends and details of the Scrip Dividend Programme are available at www.bp.com/scrip.

Jens Bertelsen

Deputy Secretary

 

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