Trading Statement

Bellway PLC 02 August 2006 Trading Update For the Period Ended 31 July 2006 Wednesday 2 August 2006 Bellway is today issuing a Trading Update following the conclusion of its financial year ended Monday 31 July. The preliminary results for the year will be announced on Tuesday 17 October 2006. The Group is delighted to record its fifteenth consecutive year of organic volume growth with the number of homes sold increasing to 7,117 from 7,001 at an average selling price of around £167,000. It is anticipated that profit before tax will be in line with expectations and, yet again, be at a record level extending the Group's enviable annual earnings growth record to ten consecutive years. We have continued with our policy of forward selling, creating a degree of certainty and visibility. Encouragingly the value of reservations taken in the year was some 20% ahead compared to last year. This has resulted in our order book at 31 July increasing to £561 million compared to £513 million at the same time last year, representing over 45% of our target for 2006/07 being already reserved or contracted. This healthy order book, combined with stable market conditions and a growing urban regeneration portfolio, gives the Board confidence about the future prospects for the Group. FOR FURTHER INFORMATION, PLEASE CONTACT: JOHN WATSON, CHIEF EXECUTIVE ON 07855 337007 ALISTAIR LEITCH, FINANCE DIRECTOR ON 07855 337001 OR FROM 8.00 AM ONWARDS ON 0191 2170717 This information is provided by RNS The company news service from the London Stock Exchange

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Bellway (BWY)
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