Holding in Company

BP Amoco PLC
18 January 2001


LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

NOTIFICATION OF INTEREST

We write to inform you that we received notification on 15 January 2001, dated
11 January 2001, confirming that M&G Investment Management Limited has a
notifiable interest in 8% Cumulative 1st Preference Shares of £1 each £528,150
representing 7.30% of this class of share, and, 9% Cumulative 2nd Preference
Shares of £1 each of 644,450 representing 11.77% of this class of share in this
Company.

LETTER FROM: BP AMOCO PLC