Transaction in Own Shares

BP p.l.c.

Transaction in own shares

BP p.l.c. announces that on 27 October 2011 it transferred the following number of ordinary shares, which were previously held as treasury shares, to participants in its employee share schemes:

Date of transfer: 27 October 2011

Number of ordinary shares transferred: 1,158

Transfer price per share: £4.87

Following the above transfer, BP p.l.c. holds 1,841,959,094 ordinary shares in treasury, and has 18,959,852,870 ordinary shares in issue (excluding treasury shares).

This announcement is made in accordance with the requirements of Listing Rule 12.6.4.