Directors' Dealings

Bellway PLC
28 January 2000

The company was today informed that under the terms of the Bellway plc
Employee Share Trust (1992) (a trust used to reward directors and employees) 
44,927 ordinary 12.5p shares in the company were yesterday transferred to the
Executors of the Estate of Mr Ashley Kenrick Bell under the terms of the trust
for a consideration of £1 in total.

Following the above transaction, the total number of shares held in the Trust
is 611,687 representing 0.56% (656,614; 0.60%) of the ordinary issued share
capital of the company.  Of these, the executive directors have a beneficial
interest in 227,469 shares representing 0.21% (227,469; 0.21%) of the ordinary
issued share capital of the company.

In addition, each Bellway executive director has a potential further
beneficial interest in up to 384,218 (0.35%)  (384,218; 0.35%) shares held in
the trust.  

The other interests of the directors remain unchanged.