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. ---------------------------------------------------------------------


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The company confirms that it currently has no unpublished price sensitive information.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

Weitere Meldungen: BP plc

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