BP PLC — Director's Dealing 2007

Mar 27, 2007

News Details

Ad-hoc | 27 March 2007 13:31

BP p.l.c.: Holding(s) in Company

BP p.l.c. / Miscellaneous

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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BP p.l.c. received on 20 March 2007 from Rensburg Sheppards Investment
Management Limited a notification of their interests in BP 8% Cumulative
Preference Shares of £1 each dated 19 March 2007. The disclosure of their
interest in accordance with DTR5 is below.

This notice is given in fulfilment of BP p.l.c.'s obligation under DTR
5.8.12

TR-1(i): notification of major interests in shares

1. Identity of the issuer or the underlying issuer
   of existing shares to which voting rights are attached (ii): BP p.l.c.

2. Reason for the notification (please tick the appropriate box or boxes)

An acquisition or disposal of voting rights X

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached

An event changing the breakdown of voting rights

Other (please specify): Initial Disclosure

1. Full name of person(s) subject to the notification obligation (iii):
   Rensburg Sheppards Investment Management Limited

2. Full name of shareholder(s) (if different from 3.)(iv): N/A

3. Date of the transaction (and date on which the threshold is crossed or
   reached if different)(v): 16th March 2007

4. Date on which issuer notified: 19th March 2007

5. Threshold(s) that is/are crossed or reached: 3%

6. Notified details: Nominee Holdings

A: Voting rights attached to shares

Class/type of Situation previous Resulting situation after the
shares to the triggering transaction(vii)
if possible Triggering
using the ISIN transaction (vi)
CODE Number of Number of Number of Numberofvoting % of
Shares Voting shares rights (ix) voting
Rights rights
(viii) Direct Direct Indirect Dir Indir
(X) (XI)
Cumulative 1st 292,310 292,310 281,810 3.90%
Preference
Shares

GB0001385250

B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of Expiration Exercise/Conversion Number of voting % of voting
financial date Period/Date rights that may rights
instrument (xiii) (xiv) be acquired if
the instrument is
exercised/converted.

Total (A+B)
Number of voting rights % of voting rights
281,810 3.90%

1. Chain of controlled undertakings through which the voting rights and/or
   the financial instruments are effectively held, if applicable (xv):

Client holdings registered in the name of Nominee companies 100% owned by
Rensburg Sheppards Investment Management Limited.

Proxy Voting:

1. Name of the proxy holder: N/A

2. Number of voting rights proxy holder will cease to hold: N/A

3. Date on which proxy holder will cease to hold voting rights: N/A

4. Additional information: N/A

5. Contact name: N/A

6. Contact telephone number: N/A

Annex Notification Of Major Interests In Shares (xvi)

A: Identity of the person or legal entity subject to the notification
obligation

Full name (including legal form for legal entities): Rensburg Sheppards
Investment Management
Limited

Contact address (registered office for legal entities) Quayside House
Canal Wharf
Leeds LS11 5PU

Phone number 0113 259 5872

Other useful information (at least legal representative Mike Rigby
for legal persons) (Head of
Compliance)

B: Identity of the notifier, if applicable (xvii)

Full name Philip Martin Beardwell

Contact address 2 Gresham Street
London
EC2V 7QN

Phone number 020 7597 1356

Other useful information (e.g. functional relationship: Compliance Officer
with the person or legal entity subject to the
notification obligation)

C: Additional information

This disclosure is made by Rensburg Sheppards Investment Management Limited
based on Nominee holdings in accordance with DTR 5.2.1(F).

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(i) This form is to be sent to the issuer or underlying issuer and
to be filed with the competent authority.

(ii) Either the full name of the legal entity or another method
for identifying the issuer or underlying issuer, provided it is reliable
and accurate.

(iii) This should be the full name of (a) the shareholder; (b) the
person acquiring, disposing of or exercising voting rights in the cases
provided for in DTR5.2.1 (b) to (h); (c) all the parties to the agreement
referred to in DTR5.2.1 (a), or (d) the direct or indirect holder of
financial instruments entitled to acquire shares already issued to which
voting rights are attached, as appropriate.

In relation to the transactions referred to in points DTR5.2.1 (b) to (h),
the following list is provided as indication of the persons who should be
mentioned:
- in the circumstances foreseen in DTR5.2.1 (b), the person that
acquires the voting rights and is entitled to exercise them under the
agreement and the natural person or legal entity who is transferring
temporarily for consideration the voting rights;
- in the circumstances foreseen in DTR 5.2.1 (c), the person
holding the collateral, provided the person or entity controls the voting
rights and declares its intention of exercising them, and person lodging
the collateral under these conditions;
- in the circumstances foreseen in DTR5.2.1(d), the person who has
a life interest in shares if that person is entitled to exercise the voting
rights attached to the shares and the person who is disposing of the voting
rights when the life interest is created;
- in the circumstances foreseen in DTR5.2.1 (e), the parent
undertaking and, provided it has a notification duty at an individual level
under DTR 5.1, under DTR5.2.1 (a) to (d) or under a combination of any of
those situations, the controlled undertaking;
- in the circumstances foreseen in DTR5.2.1 (f), the deposit taker
of the shares, if he can exercise the voting rights attached to the shares
deposited with him at his discretion, and the depositor of the shares
allowing the deposit taker to exercise the voting rights at his discretion;
- in the circumstances foreseen in DTR5.2.1 (g), the person that
controls the voting rights;
- in the circumstances foreseen in DTR5.2.1 (h), the proxy holder,
if he can exercise the voting rights at his discretion, and the shareholder
who has given his proxy to the proxy holder allowing the latter to exercise
the voting rights at his discretion.

(iv) Applicable in the cases provided for in DTR 5.2.1 (b) to (h).
This should be the full name of the shareholder or holder of financial
instruments who is the counterparty to the natural person or legal entity
referred to in DTR5.2.

(v) The date of the transaction should normally be, in the case of
an on exchange transaction, the date on which the matching of orders
occurs; in the case of an off exchange transaction, date of the entering
into an agreement.

The date on which threshold is crossed should normally be the date on which
the acquisition, disposal or possibility to exercise voting rights takes
effect (see DTR 5.1.1R (3)). For passive crossings, the date when the
corporate event took effect.

These dates will usually be the same unless the transaction is subject to a
condition beyond the control of the parties.

(vi) Please refer to the situation disclosed in the previous
notification, In case the situation previous to the triggering transaction
was below 3%, please state 'below 3%'.

(vii) If the holding has fallen below the minimum threshold , the notifying
party should not be obliged to disclose the extent of the holding, only
that the new holding is less than 3%.

For the case provided for in DTR5.2.1(a), there should be no disclosure of
individual holdings per party to the agreement unless a party individually
crosses or reaches an Article 9 threshold. This applies upon entering into,
introducing changes to or terminating an agreement.

(viii) Direct and indirect

(ix) In case of combined holdings of shares with voting rights
attached 'direct holding' and voting rights 'indirect holdings', please
split the voting rights number and percentage into the direct and indirect
columns-if there is no combined holdings, please leave the relevant box
blank.

(X) Voting rights attached to shares in respect of which the
notifying party is a direct shareholder (DTR 5.1)

(xi) Voting rights held by the notifying party as an indirect
shareholder (DTR 5.2.1)

(xii) If the holding has fallen below the minimum threshold, the
notifying party should not be obliged to disclose the extent of the
holding, only that the new holding is below 3%.

(xiii) date of maturity / expiration of the finical instrument i.e.
the date when the right to acquire shares ends.

(xiv) If the financial instrument has such a period-please
specify the period- for example once every three months starting from the
(date)

(xv) The notification should include the name(s) of the controlled
undertakings through which the voting rights are held. The notification
should also include the amount of voting rights and the percentage held by
each controlled undertaking, insofar as individually the controlled
undertaking holds 3% or more, and insofar as the notification by the parent
undertaking is intended to cover the notification obligations of the
controlled undertaking.

(xvi) This annex is only to be filed with the competent authority.

(xvii) Whenever another person makes the notification on behalf of the
shareholder or the natural person/legal entity referred to in DTR5.2 and
DTR5.3.

DGAP 27.03.2007

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
www: www.bp.com
ISIN: GB0007980591
WKN: 850517
Indices:
Listed: Amtlicher Markt in SWX; Freiverkehr in Berlin-Bremen,
Stuttgart, München, Hamburg, Düsseldorf; Open Market in
Frankfurt

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