Directorate Change - replace

BP PLC
29 October 2002


press release





October 29, 2002



The following replaces the directorate change announcement released at 10.32 GMT
today, under reference 0616D.  This version contains a fourth paragraph which
was lost during the original transmission to the stock exchange.





                             BP BOARD ANNOUNCEMENT



The board of BP p.l.c. announced today that it intends to appoint Dr Byron Grote
as chief financial officer (CFO) of the company with effect from November 21,
2002.



Dr Grote, 54, will succeed Dr John Buchanan, 59, who has been CFO since 1996. Dr
Buchanan is retiring from the board as of the same date.



BP chief executive Lord Browne said: 'I would like to express our appreciation
for the immense contribution John Buchanan has made to BP over a 33-year career,
in particular in his role as CFO over the last six years, a period of
unprecedented expansion for the company.'



Dr Grote was appointed an executive director of BP and chief executive of BP
Chemicals in August 2000.  On his move to CFO he will retain his additional
board responsibilities for the Integrated Supply & Trading function and the Asia
region.  His board responsibilities for Chemicals will be assumed by BP deputy
chief executive Rodney Chase.  John Buchanan's board responsibilities for
Australasia will pass to Exploration chief executive Richard Olver.



                                    - ENDS -






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