Transaction in Own Shares

BP PLC
04 December 2006

BP p.l.c.  -  Transaction in Own Shares
BP p.l.c.  -  04 December 2006



BP p.l.c. announces that on 1 December 2006, it purchased for cancellation
4,400,000 ordinary shares at prices between 564.5 pence and 578.0 pence per
share.



Following the above transactions, BP p.l.c. holds 1,947,068,363 ordinary shares
in Treasury, and has 19,529,956,362 ordinary shares in issue (excluding Treasury
shares).



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




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