f Alternative Energy, Growing Low Carbon Power

BP's Alternative Energy business was launched in November, 2005 to meet the worlds growing demand for secure, cleaner, low-carbon power. The portfolio of technologies BP Alternative Energy is actively pursuing includes Solar, Wind, Hydrogen for stationary, and high efficiency combined cycle gas turbine generation. The rationale and business strategy will be presented along with further details of specific programs now underway. The Alternative Energy story is based on business objectives to meet growing requirements for material alternative sources of power while providing returns to shareholders.