Director/PDMR Shareholding

BELLWAY PLC (the "Company")                          

                                                                               

                           DIRECTOR'S SHAREHOLDINGS                            

                                                                               

                                22 OCTOBER 2010                                

                                                                               

In accordance with the requirements of D.T.R.3.1.2R and section 793 of the
Companies Act 2006, the Company was today informed that, on the 21 October 2010
in Newcastle Upon Tyne, the following Directors were granted awards in respect
of 220,938 Ordinary 12.5p shares in the Company, under the terms of the Bellway
plc (2004) Performance Share Plan (an arrangement used to reward directors and
employees) as follows:

 

J K Watson                -              96,060    (0.079%)

P J Stoker                -              62,439    (0.052%)
 
A M Leitch                -              62,439    (0.052%)

 

                                         220,938  (0.183%)
 

The Awards, which are in respect of existing shares, are to be held in the
Bellway plc Employee Share Trust (1992) (the 'Trust') until at least 21 October
2013. The number of shares awarded was calculated based on a price per share of
549.50 pence, being the average mid-market closing price of a Bellway plc
Ordinary 12.5 pence share as at 20 October 2010.

 
The Awards are maximum awards and the degree to which they vest depends on
performance targets measured over a three year period (the 'performance
period').  The performance period to be used commenced on 1 August 2010 and
ends on 31 July 2013.

 
Following the grant of the awards the aforementioned directors have an interest
in 746,888 Ordinary 12.5p shares held in the Trust under the terms of the
Bellway plc (2004) Performance Share Plan as follows:

 

J K Watson                -              324,734  (0.269%)

P J Stoker                -              211,077  (0.175%)

A M Leitch                -              211,077  (0.175%)

 

                                         746,888  (0.618%)

 

The other interests of the directors remain unchanged.                        

 

Ends