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Daniel A. Cantor

Daniel.Cantor@aporter.com

+1 202.942.5765

+1 202.942.5999 Fax

555 Twelfth Street, NWWashington, DC 20004-1206

June 25, 2013

VIAELECTRONIC MAIL

I write on behalf of BP Exploration & Production Inc. and BP America Production

Company (collectively BP) in connection with the pending appeal before the United

States Court of Appeals for the Fifth Circuit in In re: Deepwater Horizon, No. 13-30315

(consolidated with No. 13-30329). You are receiving this letter solely in your capacity asthe counsel for your client in connection with claim

(the Claim) for which your client has received payment.

As you may know, the above referenced appeal concerns, inter alia, the interpretation of

the business economic loss (BEL) framework in the Economic and Property Damages

Settlement Agreement that was approved by the United States District Court for the

Eastern District of Louisiana on March 5, 2013. Reversal of the district courts ruling

regarding the methodology for calculating Variable Profit, and subsequent application of

the correct interpretation of the settlement agreement, could reduce the number andamount of awards that BP has been deemed to owe to BEL claimants. If BP prevails in

that pending Fifth Circuit appeal, therefore, BP expects that the Claims Administratorwill fulfill his fiduciary duties by seeking to recover all excessive claims payments made

by the Court-Supervised Settlement Program.

With this letter, BP notifies you that it reserves whatever rights it may have to recover the

payment(s) made to your client in connection with the Claim to the extent such

payment(s) exceed what would be owed under the proper method of calculating Variable

Profit as determined by the Fifth Circuit. BP reserves whatever rights it may have to

pursue any legal method to recover such overpayments.

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