Transaction in Own Shares

BP PLC
16 June 2004

BP p.l.c. - Transaction in Own Shares
BP p.l.c. - 16 June 2004

BP p.l.c. announces that on 15 June 2004, it purchased for cancellation
6,516,748 ordinary shares at prices between 476.75 pence and 485.50 pence and
between 881.33 cents and 884.33 cents per share.

Enquiries: Fergus MacLeod, BP p.l.c.     Tel: [phone]


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