Transaction in Own Shares

BP PLC
09 November 2006

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

BP p.l.c.  -  9 November 2006



BP p.l.c. announces that on 8 November 2006, it purchased for cancellation
4,400,000 ordinary shares at prices between 591.5 pence and 600.0 pence per
share.

BP p.l.c. also announces that on 8 November 2006 it transferred to participants
in its employee share schemes 81,747 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 1,947,242,045 ordinary shares
in Treasury, and has 19,615,670,548 ordinary shares in issue (excluding Treasury
shares).



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


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