Director Shareholding

BP PLC
16 December 2002


We were advised on 16 December 2002 by HSBC Trust Company (UK) Limited that on 9
December 2002 Mr R.L. Olver, a Director of BP p.l.c., acquired 160 BP Ordinary
shares @ £4.14 per share through reinvestment of dividends on shares held by him
in PEP and ISA plans.


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