Transaction in Own Shares

BP PLC
31 August 2006

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

BP p.l.c.  -  31 August 2006



BP p.l.c. announces that on 30 August 2006 it transferred to participants in its
employee share schemes 4,916 ordinary shares at prices between 350.00 pence and
441.0 pence. These shares were previously held as treasury shares.

Following the above transactions, BP p.l.c. holds 1,952,739,605 ordinary shares
in Treasury, and has 19,746,902,000 ordinary shares in issue (excluding Treasury
shares).



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