Transaction in Own Shares

BP PLC
17 January 2007

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

BP p.l.c.  -  17 January 2007



BP p.l.c. announces that on 16 January 2007, it purchased for cancellation
5,000,000 ordinary shares at prices between 542.5 pence and 551.0 pence per
share.



Following the above transaction, BP p.l.c. holds 1,946,618,609 ordinary shares
in Treasury, and has 19,472,473,448 ordinary shares in issue (excluding Treasury
shares).



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


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