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The following is a press release from Fitch Ratings: Fitch Ratings-London/New York-16 June 2010: Further to yesterday's downgrade of BP plc's (BP) ratings, Fitch Ratings will be hosting a teleconference today Wednesday 16 June, 14:30 BST / 09:30 EDT, to discuss the rating action in further detail. Chaired by Richard Hunter, Fitch's Head of EMEA & Asia Pacific Corporate Finance, and including commentary from Jeffrey Woodruff, Senior Director in Fitch's EMEA Energy team, lead analyst for BP, the teleconference will provide further detail on Fitch's rating rationale for BP. The teleconference will then move into a question and answer session where Fitch analysts (also including Erwin Van Lumich, Head of Fitch's EMEA Energy team) will answer questions submitted up to 30 minutes in advance of the teleconference beginning. Questions can be emailed in advance to: [email protected] Teleconference details: Date: Wednesday 16 JuneTime: 14:30 BST / 09:30 EDTConference ID: 82412350Dial in numbers:UK: +44 (0) 1452 588 268USA: + 1-866-331-1753 Replay (available until midnight on 18 June)Replay pass code: 82412350#Dial in numbers:International: +44 (0) 1452 55 00 00USA: +1-866-247-4222 A replay of the call will also be available on the agency's public website, www.fitchratings.com, under Fitch Events > Teleconferences. For related research also see, 'Fitch Downgrades BP to 'BBB'; Watch Evolving on Higher Near-term Payment Risks,' 15 June 2010, and 'Fitch Downgrades BP Plc to 'AA' from 'AA+'; placed on Watch Negative,' 3 June 2010 - both available at www.fitchratings.com. Fitch has made major improvements to its credit research on EMEA and AsiaPac corporates. To view these improvements, visit our 'Clear Thinking' web page at http://clearthinking.fitchratings.co.uk/Index.html Contact: Jeffrey Woodruff, London, Tel: +44 20 7682 7322; Erwin Van Lumich, Barcelona, +34 93 323 8403; Richard Hunter, Tel: +44 20 7417 4362 Media Relations: Peter Fitzpatrick, London, Tel: + 44 (0)20 7417 4364, Email: [email protected]. Additional information is available at www.fitchratings.com. ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. (END) Dow Jones Newswires June 16, 2010 04:24 ET (08:24 GMT)