Transaction in Own Shares

BP p.l.c.

Transaction in own shares

BP p.l.c. announces that on 15 November 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: 15 November 2011

Number of ordinary shares transferred: 608,047

Transfer price per share: £4.50

Following the above transfer, BP p.l.c. holds 1,838,642,685 ordinary shares in treasury, and has 18,963,292,129 ordinary shares in issue (excluding treasury shares).

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