BP <BP> TO HOLD NEW YORK PRESS CONFERENCE
British Petroleum Co PLC said it has
scheduled a New York press conference for 1300 EST/1800 gmt
today at which senior management will discuss the company's
proposed acquisition of the 45 pct of Standard Oil Co <SRD>
that it does not already own for 70 dlrs per share.
    The offer is worth about 7.4 billion dlrs.
 Reuter
