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%(Indexed)TNK-BP performance 2003-7Production growth160Liquids production growth*150140TNK-BPRosneft130120GazpromNeftLukoil1101002002 2003 2004 2005 2006 2007* In Russia; Organic - excluding acquisitions & divestmentsSource: Central Dispatch Union – Russian Ministry of Energy
TNK-BP performance 2003-7Reserves replacement%150Average reserve replacement ratio*100500TNK-BPGazpromNeftLukoilRosneft* In Russia; Organic - excluding acquisitions & divestmentsSource: Company reports
Page 2 and 3: Cautionary StatementForward Looking
Page 5 and 6: Byron GroteChief Financial Officer
Page 7 and 8: Exploration & Production$bnpre-tax1
Page 9 and 10: Sources & uses of cash$bnpost tax20
Page 11 and 12: 1H 2008 strategic progressRestoring
Page 13: 1H 2008 strategic progressSecuring
Page 17 and 18: TNK-BP performance 2003-7#1 in Russ
Page 19 and 20: Changing business environmentRefini
Page 21 and 22: BP strategy: closing the competitiv

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