BP p.l.c. to Withdraw Chicago Stock Exchange Listing, Retains New York Stock Exchange Listing



    LONDON, March 10 /CNW/ -- BP p.l.c. (NYSE:   BP) today announced plans to
withdraw the listing of its American Depositary Shares, each representing six
ordinary shares, from the Chicago Stock Exchange. BP's American Depositary
Shares will continue to be listed on the New York Stock Exchange in the United
States and its Ordinary Shares will continue to be listed on the London Stock
Exchange.
    
    (Logo:  http://www.newscom.com/cgi-bin/prnh/20000724/NYM120LOGO )
    
    BP has decided to withdraw its listing from the Chicago Stock Exchange to
streamline operations and eliminate the additional administrative requirements
of maintaining multiple share listings.  The withdrawal is expected to be
effective within the next month.
    BP does not believe that withdrawing its listing from the Chicago Stock
Exchange will have any impact on the liquidity of its American Depositary
Shares. BP shares traded on the Chicago Stock Exchange typically account for
less than one percent of the average daily trading volume of BP shares traded
globally.




For further information:

For further information: BP Press Office, Scott Dean, +1-630-821-3212
Web Site: http://www.bp.com

Organization Profile

BP P.L.C.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890