Director Shareholding

BP PLC
19 December 2001



LETTER TO COMPANY ANNOUNCEMENTS OFFICE

We write to notify you:-

- that we were advised on 17 December 2001 by Morgan Guarantee Trust Company of 
  New York that The following Directors of BP p.l.c received the numbers of BP  
  ADSs shown opposite their names below on 13 December 2001 @ $44.0177 per ADS  
  under the Company's US dividend reinvestment

 
       Mr E.B. Davis, Jr      44.3431 ADSs
                              (equivalent to approximately 266 Ordinary shares)

       Mr C.F. Knight         37.5126 ADSs
                              (equivalent to approximately 225 Ordinary shares)

       Dr W.E. Massey         33.8586 ADSs 
                              (equivalent to approximately 203 Ordinary shares)
 
- that we were advised on 19 December 2001 by Lloyds TSB Registrars that the    
  following Directors of BP p.l.c. were allotted the numbers of shares shown    
  opposite their names below on 10 December 2001 at £5.109 per share under the  
  Company's dividend reinvestment plan:-
 
       Dr J.G.S. Buchanan    121 Ordinary shares 

       Mr R.F. Chase       2,009 Ordinary shares

       Sir Robin Nicholson    27 Ordinary shares

- that we were advised on 19 December 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 10 December 2001 @ £5.12 per share 
  through reinvestment of PEP dividends:-

       Dr J.G.S. Buchanan     38 Ordinary shares 

       Mr R.L Olver          119 Ordinary shares

FROM BP PLC