Transaction in Own Shares

BP PLC
17 March 2005


BP p.l.c. - Transaction in Own Shares
BP p.l.c. - 17 March 2005

BP p.l.c. announces that on 16 March 2005, it purchased 3,700,000 ordinary
shares at prices between 556.00 pence and 562.00 pence per share. The purchased
shares will all be held as Treasury shares.

Following the above purchase, BP p.l.c. holds 97,150,000 ordinary shares in
Treasury, and has 21,384,516,379 ordinary shares in issue (excluding Treasury
shares).

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



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