Director Shareholding

BP PLC
17 February 2003


Notification of changes to directors' shareholdings

Following an award by the Company's Remuneration Committee under the Executive
Directors' Long Term Incentive Plan, the following Directors of BP p.l.c. were
granted options over the shares detailed below on 17th February 2003, the
options being exercisable between 17th February 2004 and 17th February 2010.


The Lord Browne of Madingley        1,348,032 Ordinary shares @ £3.88 per share
Mr R.L. Olver                       370,956 Ordinary shares @ £3.88 per share
Dr D.C. Allen                       220,000 Ordinary shares @ £3.88 per share
Dr A.B. Hayward                     220,000 Ordinary shares @ £3.88 per share
Mr J.A. Manzoni                     220,000 Ordinary shares @ £3.88 per share
Dr B.E. Grote                       58,173 ADSs @ $37.76 per ADS




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