Director Shareholding

BP PLC
25 May 2001



LETTER TO COMPANY ANNOUNCEMENTS OFFICE - Dated 24 May 2001

We write to notify you that we were advised on 23 May 2001 by HSBC Trust Company
(UK) Limited that the following directors of BP p.l.c. acquired the numbers of
BP Ordinary shares shown opposite their names below on 21 May 2001 @ £6.34 per
share through reinvestment of PEP dividends:-

          Dr J G S Buchanan          4 Ordinary Shares
          Mr R L Olver              10 Ordinary Shares

FROM BP PLC