Transaction in Own Shares

BP PLC
26 October 2006


BP p.l.c. - Transaction in Own Shares
BP p.l.c. - 26 October 2006

BP p.l.c. announces that on 25 October 2006, it purchased for cancellation
6,795,000 ordinary shares at prices between 606.0 pence and 612.0 pence per
share.

BP p.l.c. also announces that on 25 October 2006 it transferred to participants
in its employee share schemes 144,065 ordinary shares at prices between 350.00
pence and 511.0 pence. These shares were previously held as treasury shares.
Following the above transactions, BP p.l.c. holds 1,947,403,497 ordinary shares
in Treasury, and has 19,675,152,873 ordinary shares in issue (excluding Treasury
shares).

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



                      This information is provided by RNS
            The company news service from the London Stock Exchange