press release

This press release was issued in the US late on 2 June 2016.

Houston, 2 June 2016

Deepwater Horizon - MDL 2185 Securities Litigation

In May 2014, the federal district court certified a class of post-explosion ADS purchasers in the MDL 2185 securities litigation. BP and representatives of the post-explosion class have agreed to settle these class claims for the amount of $175 million, payable during 2016-2017, subject to approval by the court. This settlement does not resolve other securities-related litigation in connection with the Gulf of Mexico oil spill.

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BP plc published this content on 03 June 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 03 June 2016 06:11:04 UTC.

Original documenthttp://otp.investis.com/clients/uk/bp/rns/regulatory-story.aspx?cid=233&newsid=734136

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