Notice of Shr/holder Meetings

BP AMOCO PLC 15 July 1999 BP AMOCO AND ARCO CALL SHAREHOLDER MEETINGS TO APPROVE COMBINATION BP Amoco p.l.c. and the Atlantic Richfield Company (ARCO) announced today (July 15, 1999) that they have arranged shareholder meetings to consider their proposed combination. ARCO's special meeting will be held on Monday, August 30, 1999 in Los Angeles while BP Amoco's Extraordinary General Meeting will take place on Wednesday, September 1, 1999 in London. Meeting notices and voting materials are currently being mailed to shareholders following 'sign off' by the London Stock Exchange of the Circular being sent to BP Amoco shareholders and filing with the US Securities & Exchange Commission of the Proxy Statement/Prospectus that ARCO shareholders will receive. In a joint statement, BP Amoco and ARCO said: 'This marks a major step in our timetable and keeps us on track in our aim to close the deal later this year.' Notes to Editors: * BP Amoco and ARCO announced on April 1, 1999 that they had agreed to a combination which will create the world's largest non-state-owned oil producer and be providing annual pre-tax cost synergies of $1 billion during the second full year of combined operations. * The all-share transaction will involve the exchange of 0.82 BP Amoco American Depositary Shares (ADS) - or 1.64 BP Amoco ADS, if BP Amoco's proposed share split has been concluded - or at the election of the ARCO shareholder, the corresponding number of BP Amoco ordinary shares, for each ARCO share * The transaction is also subject to approval by various regulatory agencies, including the European Commission and the US Federal Trade Commission. Further information: BP Amoco Press Office, London - 0171 496 4624 or 0171 496 4358 ARCO Press Office, Los Angeles - 00 1 213 486 3384

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