Holding in Company

BP PLC
31 October 2001


To Company Announcements Office


NOTIFICATION OF INTEREST


We write to inform you that we received notification on 24 October 2001, dated 
October 22, 2001 confirming that Guaranty Nominees Limited has an interest in 
6,975,799,078 Ordinary Shares of US$ 0.25 each in this Company representing 
31.1% of this class of share.  Based on these shares Morgan Guaranty Trust of 
Company of New York issues American Depositary Shares (ADSs) at a rate of 1 ADS 
for every 6 Ordinary Shares.

From BP plc