Transaction in Own Shares

BP PLC
08 November 2006

BP p.l.c.  -  Transaction in Own Shares
BP p.l.c.  -  8 November 2006

BP p.l.c. announces that on 7 November 2006, it purchased for cancellation
4,400,000 ordinary shares at prices between 597.0 pence and 604.0 pence per
share.

Following the above transactions, BP p.l.c. holds 1,947,323,792 ordinary shares
in Treasury, and has 19,619,974,492 ordinary shares in issue (excluding Treasury
shares).

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


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