Transaction in Own Shares

BP PLC
08 March 2007

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

BP p.l.c.  -  8 March 2007



BP p.l.c. announces that on 7 March 2007, it purchased for cancellation
4,025,000 ordinary shares at prices between 511.0 pence and 520.0 pence per
share.



BP p.l.c. also announces that on 7 March 2007 it transferred to participants in
its employee share schemes 94,259 ordinary shares at prices between 326.0 pence
and 511.0 pence. These shares were previously held as treasury shares.



Following the above transactions, BP p.l.c. holds 1,944,019,016 ordinary shares
in Treasury, and has 19,338,801,351 ordinary shares in issue (excluding Treasury
shares).



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


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