These excerpts taken from the BP 6-K filed May 22, 2008.
Powers and rights in respect of dividends
129 (A) The Company may by ordinary resolution declare dividends but no such dividend shall exceed the amount recommended by the Directors.
(B) The Directors may also from time to time declare and pay dividends on shares of any class of such amounts and on such dates and in respect of such periods as they think fit.
(C) Dividends may be declared and paid in any currency or currencies that the Directors shall determine, provided that:
(i) the Directors shall announce a sterling equivalent for any dividend declared in another currency, which sterling equivalent shall be determined in accordance with Article 131(C); and
(ii) holders of Ordinary Shares shall be entitled to be paid dividends in sterling.
(D) When declaring a dividend, the Company or the Directors may identify either generally or in relation to any particular group or groups of shareholders the funds from which it is proposed that the dividend will be paid.
129 (A) The