Transaction in Own Shares

BP PLC
31 October 2006

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

BP p.l.c.  -  31 October 2006



BP p.l.c. announces that on 30 October 2006, it purchased for cancellation
7,470,000 ordinary shares at prices between 592.5 pence and 598.0 pence per
share and between 1118.67 cents and 1129.17 cents per share.



Following the above transactions, BP p.l.c. holds 1,947,403,497 ordinary shares
in Treasury, and has 19,654,980,333 ordinary shares in issue (excluding Treasury
shares).



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


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