Director Shareholding

BP PLC
25 February 2004

Following an award by the Company's Remuneration Committee under the Executive
Directors' Incentive Plan, the following Directors of BP p.l.c. were granted
options over the shares detailed below on 25 February 2004, the options being
exercisable  between 25 February 2005 and 25 February 2011:-

The Lord Browne of Madingley     1,500,000 Ordinary Shares at £4.22 per share
Mr R L Olver                       400,000 Ordinary Shares at £4.22 per share
Dr D C Allen                       275,000 Ordinary Shares at £4.22 per share
Dr A B Hayward                     275,000 Ordinary Shares at £4.22 per share
Mr J A Manzoni                     275,000 Ordinary Shares at £4.22 per share
Dr B E Grote                        58,333 ADSs at $48.53 per ADS


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