Holding(s) in Company

BP PLC
30 September 2002


LETTER TO BP AMOCO PLC  
DATED 27 SEPTEMBER 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, 1,550,538 BP
Amoco 8% cum 1st Prf shares at the close of business on 27th September 2002
this being equal to 20.75% of the relevant issued share capital of 7,232,838.
The decrease in our percentage holding is as a result of the following
transaction: 

Date               Transaction type         Number of 8% cum prf shares

27/09/02           Stock Loan               50,000
 

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.


FROM: CO-OPERATIVE INSURANCE SOCIETY LIMITED



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