Transaction in Own Shares

BP PLC
11 October 2006

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

BP p.l.c.  -  11 October 2006



BP p.l.c. announces that on 10 October 2006, it purchased for cancellation
8,000,000 ordinary shares at prices between 573.0 pence and 581.5 pence per
share.



This purchase was bought as part of the close period contract announced on the
28th September 2006.



Following the above transaction, BP p.l.c. holds 1,947,762,169 ordinary shares
in Treasury, and has 19,763,636,228 ordinary shares in issue (excluding Treasury
shares).



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


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