First Interim Dividend for 20

RNS Number : 2283N

BP PLC

08 June 2010

 



8 June 2010

BP PLC

FIRST INTERIM DIVIDEND FOR 2010

PAYMENT OF DIVIDENDS IN STERLING

On 27 April 2010, the Directors of BP plc announced a first quarter interim dividend for 2010 of US$0.14 per ordinary share (US$0.84 per ADS). The dividend is to be paid on 21 June 2010 to holders of record on 7 May 2010.

The dividend is payable to holders of ordinary shares in cash in sterling or in new ordinary shares to those who have elected to participate in the scrip dividend programme.  Sterling dividends payable in cash will be converted from US dollars at an average of the market exchange rate over the four dealing days from 2 June 2010 to 7 June 2010 (£1 = US$1.46492). Accordingly, the amount of sterling dividend payable in cash on 21 June 2010 will be:

9.5568 pence per share.

As previously announced, the dividend payable to holders of American Depositary Shares ('ADSs'), each of which represents six ordinary shares, will be US$0.84 per ADS. The dividend will be paid to holders of ADSs in cash in US dollars or in new ADSs to those who have elected to participate in the scrip dividend programme.

Details of the scrip dividend programme are available on the BP plc website at www.bp.com/scrip. 

David Pearl

Deputy Company Secretary

 

END

 

 

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