Director Shareholding

BP PLC
18 February 2003

Notification of changes to directors' shareholdings

Following an award by the Company's Remuneration Committee under the Long Term
Performance Plan, each of the following Directors of BP p.l.c. acquired a
potential interest in the numbers of the Company's shares shown opposite his
name below on 17th February 2003 as a consequence of the Remuneration Committee
making an award of such shares to him:-


Dr D.C. Allen                                     52,000 Ordinary shares
The Lord Browne of Madingley                      224,000 Ordinary shares
Mr R.F. Chase                                     139,200 Ordinary shares
Dr A.B. Hayward                                   40,000 Ordinary shares
Mr J.A. Manzoni                                   40,000 Ordinary shares
Mr R.L. Olver                                     117,600 Ordinary shares

The Trustee of the BP Employee Share Ownership Trust purchased 612,800 BP
Ordinary shares @ £3.955 per share on 17th February 2003 to satisfy these
awards.   Each Director acquired a beneficial interest in the shares shown above
when the award took effect.

Following the award taking effect, the BP Share Ownership Trust sold on behalf
of the relevant Director the number of shares shown opposite his name below on
17th February 2003 @ £3.955 per share to meet the Director's tax liability on
the award of the shares:-

Dr D.C. Allen                                     20,800 Ordinary shares
The Lord Browne of Madingley                      89,600 Ordinary shares
Mr R.F. Chase                                     55,680 Ordinary shares
Dr A.B. Hayward                                   16,000 Ordinary shares
Mr J.A. Manzoni                                   16,000 Ordinary shares
Mr R.L. Olver                                     47,040 Ordinary shares






                      This information is provided by RNS
            The company news service from the London Stock Exchange