Director/PDMR Shareholding

The Company announces that on 9 February 2010, performance share awards (the Award) were made to the following Executive Directors under the share element of the BP Executive Directors' Incentive Plan (the Plan).

Director Max number of Ordinary Shares

of the Company under Award

Dr A B Hayward 994,739

Mr I C Conn 656,813

Mr A.G. Inglis 656,813

Max number of ADSs under Award

Dr B E Grote 133,649

Mr R Dudley 96,847

These shares pertain to the 2010-2012 performance period. The number of shares/ADSs set out above is the maximum number which may vest under the Award. The actual number of shares/ADSs which vest will depend on the extent to which performance conditions have been satisfied over a three-year period ending 31 December 2012. These performance conditions are consistent with the rules of the Plan, as described in the summary of the Plan set out in the Directors' Remuneration Report which is contained in BP's Annual Report and Accounts 2009. In addition, each Director will be entitled to additional shares/ADSs representing the value of reinvested dividends on those shares/ADSs which vest.