Director Shareholding

BP PLC
30 November 2004

We were advised yesterday by Dr B E Grote, Executive Director of BP p.l.c., that
on 26 November he exercised stock appreciation rights exercisable between 28
February 1998 and 28 February 2005 over 35,600 ADSs and became entitled to a
payment based on the market price of US $61.60 per ADS.






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