Transaction in Own Shares

BP PLC
28 December 2006



BP p.l.c.  -  Transaction in Own Shares

BP p.l.c.  -  28 December 2006



BP p.l.c. announces that on 27 December 2006, it transferred to participants in
its employee share schemes 84,525 ordinary shares at prices between 350.00 pence
and 511.0 pence. These shares were previously held as treasury shares.

Following the above transactions, BP p.l.c. holds 1,946,804,533 ordinary shares
in Treasury, and has 19,685,469,378 ordinary shares in issue (excluding Treasury
shares).



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




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