Director/PDMR Shareholding

Bellway PLC
10 December 2007

                                  BELLWAY PLC


                            DIRECTOR'S SHAREHOLDINGS


                               10TH DECEMBER 2007


The company was informed on Friday 7th December that under the terms of the
Bellway plc Employee Share Trust (1992) (an arrangement to reward directors and
employees) 67,931 Bellway plc 12.5p ordinary shares were  transferred on 7th
December to the following directors for a consideration of £1 per director:


John Watson                 -      28,682
Peter Stoker                -      21,134
Alistair Leitch             -      18,115

                                   67,931



In addition, a further 10,567 shares were transferred to another employee at the
same time for a consideration of £1.


Immediately thereafter, 22,894 Bellway plc 12.5p ordinary shares were sold at a
price of £9.22 per share as follows:


John Watson                 -      11,760
Peter Stoker                -      11,134

                                   22,894



Following the above transactions, the number of Bellway plc 12.5p ordinary
shares which are beneficially held by each of the directors concerned is as
follows:

                                   Current         Previous

J K Watson                  -      381,655         364,733
P J Stoker                  -      535,531         525,531
A M Leitch                  -      118,135         100,020


In addition, the total number of shares held in the Bellway plc Employee Share
Trust (1992) is 264,370 (0.23%)  (342,868; 0.30%).  Of these, the Chairman, Mr H
C Dawe and the executive directors have a beneficial interest in 177,886 (0.16%)
(177,886; 0.16%) ordinary shares held under the terms of the company's deferred
bonus arrangements.


Under the terms of the Bellway plc (2004) Performance Share Plan, the Chairman,
Mr H C Dawe and the executive directors have a potential beneficial interest in
up to 212,752 (0.19%) (291,250; 0.26%) shares held in the Trust.


In addition, each Bellway executive director has a potential further beneficial
interest in up to nil (0.0%) (nil; 0.0%) shares held in the Trust.


The other interests of the directors remain unchanged.


Ends


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