The BP Foundation

THE TRUSTEES SHALL HOLD THE CAPITAL AND INCOME OF THE TRUST FUND UPONTRUST TO PAY OR APPLY THE WHOLE THEREOF TO OR TOWARDS OR FOR THE BENEFIT ORFURTHERANCE OF SUCH CHARITABLE PURPOSES CHARITABLE INSTITUTIONS OR CHARITABLEFOUNDATIONS AT SUCH TIMES AND IN SUCH MANNER AND IN SUCH SHARES ANDPROPORTIONS OR TO PAY OR TRANSFER THE SAME TO THE TRUSTEES OF ANY TRUSTESTABLISHED FOR SOLELY CHARITABLE PURPOSES AS THE TRUSTEES (BEING NOT LESS THANTWO IN NUMBER OR A TRUST CORPORATION) MAY FROM TIME TO TIME DETERMINE THERECEIPT OF THE PERSON WHO PURPORTS TO BE THE TREASURER OR OTHER DULYAUTHORISED OFFICER FOR SUCH CHARITABLE INSTITUTION OR FOUNDATION TO AFFORD A GOODRECEIPT TO THE TRUSTEES FOR ANY PAYMENT MADE UNDER THIS CLAUSE AND UNDERCLAUSE 8 HEREOF AND SO THAT (SUBJECT ONLY AS LAST AFORESAID) THE TRUST FUNDSHALL BE APPLICABLE BOTH AS A TO CAPITAL AND INCOME FOR THE GENERAL CHARITABLEPURPOSES MENTIONED IN THIS CLAUSE WHETHER OR NOT BY MEANS OF THE EXERCISE OFANY OF THE PARTICULAR POWERS CONFERRED UPON THE TRUSTEES BY CLAUSE 5 HEREOFAND NOTWITHSTANDING ANYTHING ELSEWHERE IN THIS DEED CONTAINED NO PART OFTHE TRUST FUND OR OF THE INCOME THEREOF SHALL BE PAID OR APPLIED OTHERWISETHAN FOR EXCLUSIVELY CHARITABLE PURPOSES