Transaction in Own Shares

BP PLC
08 February 2007



BP p.l.c.  -  Transaction in Own Shares
BP p.l.c.  -  8 February 2007


BP p.l.c. announces that on 7 February 2007, it purchased for cancellation
4,700,000 ordinary shares at prices between 536.0 pence and 541.0 pence per
share.

BP p.l.c. also announces that on 7 February 2007 it transferred to participants
in its employee share schemes 65,519 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 1,946,125,273 ordinary shares
in Treasury, and has 19,416,278,249 ordinary shares in issue (excluding Treasury
shares).


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



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