Director Shareholding

BP PLC
9 October 2001

Letter to Company Announcements Office

We write to notify you that we have been advised today that Mr R.L. Olver, a 
director of BP p.l.c. acquired 4,470 BP Ordinary shares on 1 October 2001 
through exercise of an option to purchase the shares at £2.315 per share under 
the BP Group Savings-Related Share Option Scheme.

Letter from BP plc