Director Shareholding

BP PLC
11 May 2001

Letter to Company Announcement Office

We write to notify you that we have today been advised by Mr R.L.Olver, a
director of BP p.l.c. that he has today disposed of an interest in 20,000 BP
Ordinary shares through the sale at £6.185 per share of 15,000 shares registered
in his own name and 5,000 shares registered in the name of his wife.

From:  Jennifer Bowes (Company Secretary's Office)