Holding(s) in Company

BP PLC
19 February 2002


To: Company Announcements Office

NOTIFICATION OF INTEREST

We write to inform you that we received notification on 14 February 2002, dated
13 February 2002, from Co-operative Insurance Society Limited disclosing a
transaction in our 8% cumulative preference shares of £1 each. The disclosure of
their interest pursuant to Section 208(5) of the Companies Act 1985 is below.

From: BP PLC



Letter to:  BP Amoco PLC

Dated 13th February 2002


COMPANIES ACT 1985, (AS AMENDED) SECTIONS 198 TO 210A 
DISCLOSURE OF INTEREST IN SHARES

In accordance with the above provisions we hereby give you notice that the Co-
operative Insurance Society Limited holds, as beneficial owner, 1,490,538 BP
Amoco 8% cum 1st Prf shares at the close of business on 13th February 2002 this
being equal to 20.61% of the relevant issued share capital of 7,232,838. The
decrease in our percentage holding was as a result of the following transaction:

Date              Transaction type         Number of 8% cum prf shares
13/02/02            Stock Loan             60,000

Co-operative Insurance Society Limited holds the shares as beneficial owner. The
notification given in this letter arises by virtue of approved stock lending
activity undertaken by Co-operative Insurance Society Limited.

You note also that Co-operative Insurance Society Limited has, under the terms
of its stock lending agreement, the right to call for delivery to it of shares
of an Identical type, nominal value, description and amount to the securities
lent. By virtue of section 208(5) of the Companies Act 1985. such right is
deemed to be a notifiable interest in such securities.

Letter from:  Co-Operative Insurance Society Limited


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