Director Shareholding

BP PLC
4 July 2001


 
LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

We write to notify you that:- 

- the following Directors of BP p.l.c. acquired a beneficial interest in the
numbers of BP Ordinary shares shown opposite their names below on 3 July 2001 @
£6.355 per share through participation in the BP UK Employee Share Plan:-

  Sir John Browne        472 shares
  Dr J.G.S. Buchanan     472 shares
  Mr R.F.Chase           472 shares
  Mr R.L. Olver          472 shares

- the following Directors of BP p.l.c. were granted options over the numbers of
BP Ordinary shares detailed below on 3 July 2001 @ £5.11 per share under the BP
ShareSaveUK Plan:-

  Dr J.G.S. Buchanan      1,320 shares under option
                          exercisable between 1.9.06 and 28.2.07

  Mr R.L. Olver           1,137 shares under option 
                          exercisable between 1.9.03 and 28.2.04

LETTER FROM: BP PLC