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This was posted for the F10 at Bimmerfest F10 forum. Let us know if you try it:
"So how to reset your oil service light?
Put ignition on, do not start the engine.
Hold the ODO button for 10 seconds.
You get in to a menu.
By short pushing the ODO you scroll through this menu.
By holding the ODO on a certain parameter for somewhat longer you may reset if the system is clear for that.
Very easy."
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