Transaction in Own Shares

BP PLC
02 February 2007



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

BP p.l.c.  -  2 February 2007



BP p.l.c. announces that on 1 February 2007, it purchased for cancellation
5,000,000 ordinary shares at prices between 537.0 pence and 539.5 pence per
share.



Following the above transaction, BP p.l.c. holds 1,946,190,792 ordinary shares
in Treasury, and has 19,434,761,436 ordinary shares in issue (excluding Treasury
shares).



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


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