Transaction in Own Shares

BP PLC
02 November 2006


BP p.l.c. - Transaction in Own Shares
BP p.l.c. - 2 November 2006

BP p.l.c. announces that on 1 November 2006, it purchased for cancellation
6,150,000 ordinary shares at prices between 583.5 pence and 592.0 pence per
share.
BP p.l.c. also announces that on 1 November 2006 it transferred to participants
in its employee share schemes 79,705 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 1,947,323,792 ordinary shares
in Treasury, and has 19,640,272,029 ordinary shares in issue (excluding Treasury
shares).

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



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