(The following press release from BP was received by e-mail and was reformatted. The sender verified the statement.) Release Date: January 11, 2013 5:09:19 PM CST BP Statement on Approval of PSC Medical Settlement Geoff Morrell, head of US Communications, issued the following statement today: BP is pleased that the Court has granted approval to the PSC settlement resolving the substantial majority of legitimate medical claims stemming from the Deepwater Horizon accident. We believe that this settlement and the economic loss and property damage settlement, approved on December 21, 2012, are good for the people, businesses and communities of the Gulf and are in the best interests of BP’s stakeholders. These settlements are historic resolutions that avoid years of lengthy litigation, and today’s decision by the Court represents yet another critical step forward for BP in meeting its commitment to economic and environmental restoration efforts in the Gulf and in eliminating legal risk facing the company. Further Information: BP US Press Office Phone: (281) 366-4463 firstname.lastname@example.org BP America US - BP America Press Relations http://www.piersystem.com/go/site/1927/ (kgt)NY
BP SAYS 'PLEASED' COURT GRANTED APPROVAL TO PSC SETTLEMENT
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