BP PLC — Major Shareholding Notification 2007

Mar 12, 2007

News Details

Ad-hoc | 12 March 2007 14:24

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 9 March 2007 from Rensburg Sheppards Investment
Management Limited a notification of their interests in BP 8% Cumulative
Preference Shares of £1 each dated 28 February 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: Initial Disclosure

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

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

5. Date of the transaction (and date on which the threshold is
   crossed or reached if different)(v): 28th February 2007

6. Date on which issuer notified: 6th March 2007

7. Threshold(s) that is/are crossed or reached: 4%

8. Notified details: Nominee Holdings

A: Voting rights attached to shares

Number of voting rights (ix): Indirect (xi) 292,310
Indirect 4,04%

Cumulative 1st
Preference Shares
GB0001385250

B: Financial Instruments
Resulting situation after the triggering transaction xii

Total (A+B)
Number of voting rights: 292,310
% of voting rights: 4.04%

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

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

Annex Notification Of Major Interests In Shares (xvi)

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

Full name: Rensburg Sheppards Investment Management Limited
Contact address: Quayside House, Canal Wharf, Leeds LS11 5P

Phone number: 0113 259 587
Other useful information: Mike Rigby (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: Compliance Office

C: Additional information
his is the initial disclosure made by Rensburg Sheppards Investment
Management Limited based on Nominee holdings in accordance with DTR
5.2.1(F). On an ongoing basis additional disclosures will be made as and
when a notifiable threshold is crossed.

Notes

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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 12.03.2007

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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