Transaction in Own Shares

BP PLC 22 December 2005 22nd December 2005 BP plc -------------------------- BP share repurchase programme ---------------------- BP plc announces that it has in place a buy-back programme, managed by an independent third party which makes its trading decisions in relation to BP's securities independently of, and uninfluenced by BP. The programme starts on 3rd January 2006 and ends on 7th February 2006. The shares purchased on behalf of BP plc are for holding in treasury. The aim of the programme is to reduce the issued share capital of BP plc. Any acquisitions will be effected within certain pre-set parameters, and in accordance with both BP's general authority to repurchase shares and Chapter 12 of the Listing Rules which requires that the maximum price paid be limited to no more than 105 per cent of the average middle market closing price of BP shares for the 5 dealing days preceding the date of purchase. The company confirms that it currently has no inside information. Further enquiries: BP Press Office: +44 (0)20 7496 4076 This information is provided by RNS The company news service from the London Stock Exchange

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BP (BP.)
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