24.03.2004 – 10:54

BP plc

euro adhoc: BP PLC
Board of Directors (Appointments and Changes) / BP ANNOUNCES BOARD CHANGE (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.

March 24, 2004

BP ANNOUNCES BOARD CHANGE

The Board of BP p.l.c. today announced that Mr. Dick Olver is to
relinquish his role as deputy chief executive and will step down from
the Board on July 1, 2004.

Mr. Olver, who has been with BP for 30 years, will be retiring from
the company to take up the position of chairman of BAE Systems plc.

He will however continue his association with BP.  As from May 2004,
he will succeed Mr. Rodney Chase as a director on the Board of
TNK-BP, taking the office of deputy chairman, and will be engaged on
a consultancy basis upon his retirement from BP.

Mr. Olver 57, joined BP in 1973 and has held a number of senior
management roles, most recently managing director of Exploration and
Production from January 1998 and deputy chief executive since January
2003.  Mr. Olver's responsibilities will be absorbed by other
managing directors.

Peter Sutherland, chairman of BP, said: "We are very sorry to lose
Dick.  He has had an excellent career with BP and made a major
contribution to the Group's continued success."

Notes to Editors:

·   A biography of Mr Olver is attached.  Photographs are
    available from the BP Press Office.

- ENDS -

This information is provided by RNS
        The company news service from the London Stock Exchange

end of announcement        euro adhoc 24.03.2004

Further inquiry note:

Further enquiries:

BP Press Office, London, tel: +44 (0)207 496 4358/4624/4708/4827

Branche: Energy
ISIN: GB0007980591
WKN: 850517
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