BP plc

euro adhoc: BP PLC
BP AND AAR AGREE CHANGE TO SHARE PAYMENT DATES FOR TNK STAKE (E)

--------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement. --------------------------------------------------------------------- BP AND AAR AGREE CHANGE TO SHARE PAYMENT DATES FOR TNK STAKE BP and Alfa, Access and Renova (AAR) completed their sale and purchase agreement relating to TNK-BP on 29 August 2003. BP and AAR today agreed to change the dates on which BP is due, under the terms of that agreement, to issue AAR with three tranches of BP p.l.c. shares, each tranche with a value of US$1.25 billion. The issue dates have been changed from 29 August 2004, 29 August 2005 and 29 August 2006 to 20 September 2004, 20 September 2005 and 20 September 2006, respectively. The issue dates have been moved in order to avoid BP's third quarter ex-dividend date falling within the calculation period for determining the number of BP p.l.c. shares to be issued to AAR in each tranche, thereby reducing the potential for volatility during that period. There is no incremental cost to BP or its shareholders as a result of this change in issue dates. - ENDS - This information is provided by RNS The company news service from the London Stock Exchange end of announcement euro adhoc 11.06.2004 --------------------------------------------------------------------- Further inquiry note: Jude Tomalin Company Secretarial Assistant 020 7496 4062 Branche: Energy ISIN: GB0007980591 WKN: 850517 Index: Börsen: Hamburger Wertpapierbörse / official dealing Börse Düsseldorf / official dealing Frankfurter Wertpapierbörse / official dealing SWX Swiss Exchange / official dealing London Stock Exchange / official dealing Niedersächsische Börse zu Hannover / free trade Berliner Wertpapierbörse / free trade Bayerische Börse / free trade Baden-Württembergische Wertpapierbörse / free trade

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