02.05.2006 13:00:00

BP North America, Chase Introduce New BP Visa(R) Card; Cardmembers Receive Higher Rebates On Everyday Purchases; Enjoy Flexible Redemption Options

BP North America (NYSE:BP) and Chase (NYSE:JPM)announced today the launch of the new BP Visa Card, just in time forsummer travelers to earn more rebates on gasoline, travel and diningpurchases.

The new BP Visa Card offers a five percent rebate on BP purchases- including gas, convenience store items and car washes. Additionally,cardmembers can earn two percent rebates on most travel and diningpurchases as well as one percent on virtually all other cardpurchases.

Cardmembers who apply during May and June will receive doublerebates for the first 60 days after the account is opened. The BP VisaCard has no annual fee and a competitive introductory APR.

Every time cardmembers accumulate at least $25 in rebates, theycan redeem them for cash, a BP Gift Card or a donation to TheConservation Fund - the nation's top-rated environmental charity.

Cardmembers can redeem their rebates by visitingwww.choosemyrewards.com or by calling 800-BPVISA-1.

"BP is proud to partner with Chase to offer such a generousrewards program to loyal BP customers."said David VanWiggeren, cardmarketing manager, BP North America. "In addition to earning higherrebates, cardmembers can choose the redemption option that is mostconvenient and relevant for them."

"We're excited to offer a product that gives great value back toour customers," said Donna Barrett, executive vice president, ChaseCard Services. "Cardmembers will find that by using the new BP VisaCard, they can quickly earn significant rebates on virtually all oftheir daily purchases and redeem those rebates in a way best suitedfor them, whether for summer travel or to make a donation to worthyenvironmental cause. This product is about value and flexibility."

For more information, call 1-877-BPVISA-9 or visit www.bpchase.com

About BP North America

BP (NYSE:BP) markets more than 15 billion gallons of gasolineevery year to US consumers through 13,000 retail outlets. BP is thesingle, global brand formed by the combination of the former BritishPetroleum, Amoco Corporation, Atlantic Richfield (ARCO) and BurmahCastrol.

About JPMorgan Chase & Co.

JPMorgan Chase & Co. (NYSE:JPM) is a leading global financialservices firm with assets of $1.3 trillion and operations in more than50 countries. The company has more than 100 million credit cardsissued. Under the JPMorgan and Chase brands, the firm serves millionsof consumers in the United States and Canada and many of the world'smost prominent corporate, institutional and government clients.Information about the firm is available at www.jpmorganchase.com.

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