Directors' Dealings

Bellway PLC
24 January 2000


The company was informed on Friday 21st January 2000 that under the terms of
the Bellway plc Employee Share Trust (1992) (a trust used to reward directors
and employees) the trustees acquired on the same day 25,000 Bellway plc 12.5p
ordinary shares at a price of 272p per share.

Following the above transaction, the total number of shares held in the
Bellway plc Employee Share Trust (1992) is 658,614 representing 0.60%
(633,614; 0.58%) of the ordinary issued share capital of the company.  Of
these, the executive directors hold a beneficial interest in 227,469 shares
representing 0.21% (227,469;0.21%) of the ordinary issued share capital of the
company.

Furthermore, each Bellway executive director has a potential further
beneficial interest in up to 386,218 shares representing 0.35% (361,218;0.33%)
of the ordinary issued share capital of the company.

In addition, following the death of Mr Ashley Kenrick Bell, a director of the
company until the date of his death on 28th September 1999, the rights
attaching to deferred bonus entitlements outstanding over 44,927 (0.04%) 
(44,927; 0.04%) Bellway plc 12.5p ordinary shares passed to the executors of
his estate and are held under the terms of his will.  As a consequence of
this, one of the directors, Mr Peter John Stoker, only in his capacity as one
of the Executors of the Estate of Mr Ashley Kenrick Bell, has a beneficial
interest in those deferred bonus rights.

The other interests of the directors remain unchanged.