Transaction in Own Shares

BP PLC
08 November 2007


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


BP p.l.c. announces that on 7 November 2007, it purchased for cancellation
1,601,386 ordinary shares at prices between 626.00 pence and 637.50 pence per
share.

BP p.l.c. also announces that on 7 November 2007 it transferred to participants
in its employee share schemes 61,857 ordinary shares at prices between 350.00
pence and 452.00 pence. These shares were previously held as treasury shares.

Following the above transactions BP p.l.c. holds 1,941,362,324 ordinary shares
in Treasury, and has 18,987,960,214 ordinary shares in issue (excluding Treasury
shares).


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


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