Transaction in Own Shares

BP PLC
01 November 2007

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

BP p.l.c. - 1 November 2007



BP p.l.c. announces that on 31 October 2007, it purchased for cancellation
1,900,000 ordinary shares at prices between 615.50 pence and 623.00 pence per
share.



BP p.l.c. also announces that on 31 October 2007 it transferred to participants
in its employee share schemes 43,221 ordinary shares at prices between 386.00
pence and 500.00 pence. These shares were previously held as treasury shares.



Following the above transactions BP p.l.c. holds 1,941,424,181 ordinary shares
in Treasury, and has 18,991,636,954 ordinary shares in issue (excluding Treasury
shares).



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


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