Hi
Yes you could use a route-map attached to the neighbour statement with prefix-list setup or just a prefix direct off the neighbour
router bgp xxx
neighbor 10.1.200.12 route-map as3498-outgoing-policy out
route-map as3498-outgoing-policy permit 10
match ip address prefix-list TESTNET
ip prefix-list TESTNET seq 1 deny x.x.x.x/x
or direct
neighbor 10.1.200.18 prefix-list LOCALROUTES out
or
use a distribute-list with standard acl
http://www.cisco.com/c/en/us/support/docs/ip/border-gateway-protocol-bgp/13750-22.html
http://www.cisco.com/c/en/us/td/docs/ios/12_2s/feature/guide/fsbgporf.html#wp1027188