Transaction in Own Shares

BP PLC
03 February 2006

BP p.l.c.  -  Transaction in Own Shares
BP p.l.c.  -  3 February 2006


BP p.l.c. announces that on 2 February 2006, it purchased 4,000,000 ordinary
shares at prices between 659.0 pence and 671.0 pence per share. The purchased
shares will all be held as Treasury shares.


BP p.l.c. also announces that on 2 February 2006 it transferred to participants
in its employee share schemes 39,579 ordinary shares at prices between 350.00
pence and 511.00 pence. These shares were previously held as treasury shares.


Following the above transaction, BP p.l.c. holds 1,059,390,722 ordinary shares
in Treasury, and has 20,593,311,596 ordinary shares in issue (excluding Treasury
shares).


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


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