Transaction in Own Shares

BP PLC
01 November 2006

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

BP p.l.c.  -  1 November 2006



BP p.l.c. announces that on 31 October 2006, it purchased for cancellation
8,925,000 ordinary shares at prices between 583.5 pence and 592.5 pence per
share.



Following the above transactions, BP p.l.c. holds 1,947,403,497 ordinary shares
in Treasury, and has 19,646,218,106 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