Transaction in Own Shares

BP PLC
01 November 2004

BP p.l.c.  -  Transaction in Own Shares
BP p.l.c.  -  1 November 2004

BP p.l.c. announces that on 29 October 2004, it purchased for cancellation
5,170,000 ordinary shares at prices between 524.50 pence and 530.00 pence per
share.

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

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