Holding(s) in Company

BP PLC
22 February 2002


Letter to Company Announcements Office

NOTIFICATION OF INTEREST

We write to inform you that we received notification on 22 February 2002, dated 
21 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.


Letter from BP Plc


Letter to BP Amoco Plc
Dated 21st 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, 1,535,538 
BP Amoco 8% cum 1st Prf shares at the close of business on 21st February 2002 
this being equal to 21.23% of the relevant issued share capital of 7,232,838. 
The increase in our percentage holding is as a result of the following 
transaction:

Date               Transaction type         Number of 8% cum prf shares

21/02/02           Stock Loan Return                  45,000


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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