29.03.2004 – 12:14

BP plc

euro adhoc: BP PLC
BP close period share repurchase programme (E)

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

PRESS RELEASE

March 29, 2004

BP close period share repurchase programme

BP p.l.c. announced today that it has commenced an irrevocable,
non-discretionary programme to purchase shares on its own behalf, for
cancellation, during its close period which commences on April 1,
2004 and ends on April 26, 2004.

Any acquisitions will be effected within certain pre-set parameters,
and in accordance with both BP's general authority to repurchase
shares and Chapter 15 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 five dealing days preceding the date of purchase.

The company confirms that it currently has no unpublished price
sensitive information.

- ENDS -

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

end of announcement        euro adhoc 29.03.2004

Further inquiry note:

Further enquiries:

BP press office: +44(0)20 7496 4076

Branche: Energy
ISIN: GB0007980591
WKN: 850517
Index:
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