BP &lt;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 &lt;SRD>
  that it does not already own for 70 dlrs per share.
      The offer is worth about 7.4 billion dlrs.
  

