Transaction in Own Shares

BP PLC
30 November 2006

BP p.l.c.  -  Transaction in Own Shares
BP p.l.c.  -  30 November 2006


BP p.l.c. announces that on 29 November 2006, it purchased for cancellation
5,350,000 ordinary shares at prices between 570.5 pence and 579.5 pence per
share.

BP p.l.c. also announces that on 29 November 2006 it transferred to participants
in its employee share schemes 62,194 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 1,947,068,363 ordinary shares
in Treasury, and has 19,539,550,862 ordinary shares in issue (excluding Treasury
shares).



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




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