Transaction in Own Shares

BP PLC
05 January 2006


BP p.l.c.  -  Transaction in Own Shares
BP p.l.c.  -  5 January 2006


BP p.l.c. announces that on 4 January 2006, it purchased 3,500,000 ordinary
shares at prices between 633.50 pence and 640.50 pence per share. The purchased
shares will all be held as Treasury shares.


BP p.l.c. also announces that on 4 January 2006 it transferred to participants
in its employee share schemes 19,511 ordinary shares at prices between 350.00
pence and 498.00 pence. These shares were previously held as treasury shares.


Following the above transaction, BP p.l.c. holds 989,105,460 ordinary shares in
Treasury, and has 20,650,477,235 ordinary shares in issue (excluding Treasury
shares).


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





                      This information is provided by RNS
            The company news service from the London Stock Exchange