BP PLC — AGM Information 2008

Apr 18, 2008

News Details

Ad-hoc | 18 April 2008 17:46

BP PLC announces AGM – Special Business

BP p.l.c. / Miscellaneous

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Items of Special Business - BP p.l.c. 2008 Annual General Meeting

The following items of special business were passed at the BP p.l.c. Annual
General Meeting held on 17 April 2008:

Resolution 18 - Articles of Association

To adopt as the new Articles of Association of the company the draft
Articles of Association as set out in the document produced to the meeting
and, for the purposes of identification signed by the chairman.

Resolution 19 - Share buyback

To authorize the company generally and unconditionally to make market
purchases (as defined in Section 163(3) of the Companies Act 1985) of
ordinary shares with nominal value of $0.25 each in the company, provided
that:

(a) the company does not purchase under this authority more than 1.9
billion ordinary shares;

(b) the company does not pay less than $0.25 for each share; and

(c) the company does not pay more for each share than 5% over the
average of the middle market price of the ordinary shares for the
five business days immediately preceding the date on which the company
agrees to buy the shares concerned, based on share prices and currency
exchange rates published in the Daily Official List of the London Stock
Exchange.

In executing this authority, the company may purchase shares using any
currency, including pounds sterling, US dollars, and euros.

        This authority shall continue for the period ending on the date

of the annual general meeting in 2009 or 16 July 2009, whichever is the
earlier, provided that, if the company has agreed before this date to
purchase ordinary shares where these purchases will or may be executed
after the authority terminates (either wholly or in part), the company may
complete such purchases.

Resolution 20 - Directors' authority to allot shares (Section 80)

To renew, for the period ending on the date of the annual general meeting
in 2009 or 16 July 2009, whichever is the earlier, the authority and power
conferred on the directors by the company's Articles of Association to
allot relevant securities up to an aggregate nominal amount equal to the
Section 80. Amount of $1,586 million.

Resolution 21 - Directors' authority to allot shares (Section 89)

To renew, for the period ending on the date of the annual general meeting
in 2009 or 16 July 2009, whichever is the earlier, the authority and power
conferred on the directors by the company's Articles of Association to
allot equity securities wholly for cash (a) in connection with a rights
issue; (b) otherwise than in connection with a rights issue up to an
aggregate nominal amount equal to the Section 89 Amount of $238 million.

END
18.04.2008 Financial News transmitted by DGAP

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Language: English
Issuer: BP p.l.c.
1 St James's Square
SW1Y 4PD London
Großbritannien
Phone: +44 (0) 207-496-4000
Fax: +44 (0) 207-496-4570
E-mail: ir@bp.com
Internet: www.bp.com
ISIN: GB0007980591
WKN: 850517
Listed: Freiverkehr in Berlin, Stuttgart, München, Hamburg,
Düsseldorf; Open Market in Frankfurt; Foreign Exchange(s) SWX

End of News DGAP News-Service

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