Transaction in Own Shares

BP PLC
11 January 2007

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

BP p.l.c.  -  11 January 2007



BP p.l.c. announces that on 10 January 2007, it purchased for cancellation
1,500,000 ordinary shares at prices between 530.5 pence and 531.5 pence per
share.



BP p.l.c. also announces that on 10 January 2007 it transferred to participants
in its employee share schemes 92,788 ordinary shares at prices between 350.00
pence and 511.0 pence. These shares were previously held as treasury shares.



Following the above transaction, BP p.l.c. holds 1,946,618,609 ordinary shares
in Treasury, and has 19,481,169,949  ordinary shares in issue (excluding
Treasury shares).



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


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