TIDMBP.
RNS Number : 2283N
BP PLC
08 June 2010
8 June 2010
BP PLC
FIRST INTERIM DIVIDEND FOR 2010
PAYMENT OF DIVIDENDS IN STERLING
On 27 April 2010, the Directors of BP plc announced a first quarter interim
dividend for 2010 of US$0.14 per ordinary share (US$0.84 per ADS). The dividend
is to be paid on 21 June 2010 to holders of record on 7 May 2010.
The dividend is payable to holders of ordinary shares in cash in sterling or in
new ordinary shares to those who have elected to participate in the scrip
dividend programme. Sterling dividends payable in cash will be converted from
US dollars at an average of the market exchange rate over the four dealing days
from 2 June 2010 to 7 June 2010 (GBP1 = US$1.46492). Accordingly, the amount of
sterling dividend payable in cash on 21 June 2010 will be:
9.5568 pence per share.
As previously announced, the dividend payable to holders of American Depositary
Shares ('ADSs'), each of which represents six ordinary shares, will be US$0.84
per ADS. The dividend will be paid to holders of ADSs in cash in US dollars or
in new ADSs to those who have elected to participate in the scrip dividend
programme.
Details of the scrip dividend programme are available on the BP plc website at
www.bp.com/scrip.
David Pearl
Deputy Company Secretary
This information is provided by RNS
The company news service from the London Stock Exchange
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