Transaction in Own Shares

BP PLC
25 January 2007

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

BP p.l.c.  -  25 January 2007



BP p.l.c. announces that on 24 January 2007, it purchased for cancellation
4,000,000 ordinary shares at prices between 548.5 pence and 553.0 pence per
share.



BP p.l.c. also announces that on 24 January 2007 it transferred to participants
in its employee share schemes 142,903 ordinary shares at prices between 326.0
pence and 511.0 pence. These shares were previously held as treasury shares.



Following the above transaction, BP p.l.c. holds 1,946,262,907 ordinary shares
in Treasury, and has 19,457,487,040 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