Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                       
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                         Bellway Plc
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                             
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        
3. Full name of person(s) subject to the                                                
notification obligation:iii                                                             
                                                                    BlackRock Inc.      
                                                                                        
4. Full name of shareholder(s)                                            N/A           
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                  21st October 2009    
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                                  22nd October 2009    
                                                                                        
7. Threshold(s) that is/are crossed or                         Holding has gone above 5%
reached: vi, vii                                                                        
                                                                                        


8. Notified details:                                                                    
                                                                                        
A: Voting rights attached to shares viii, ix                                            
                                                                                        
Class/type   Situation previous       Resulting situation after the triggering          
of           to the triggering        transaction                                       
shares       transaction                                                                
                                                                                        
             Number     Number        Number   Number of voting     % of  voting rights 
if possible  of         of            of       rights               x                   
using        Shares     Voting        shares                                            
the ISIN                Rights                                                          
CODE                                  Direct   Direct xi  Indirect  Direct Indirect     
                                                          xii                           
                                                                                        
              N/A - no    N/A - no                                                      
GB0000904986   prior        prior       N/A       N/A     4,870,809  N/A       4.03%    
             disclosure  disclosure                                                     
                                                                                        
                                                                                        
                                                                                        
B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of        Expiration    Exercise/          Number of voting          % of voting   
financial      date xiii     Conversion Period  rights that may be        rights        
instrument                   xiv                acquired if the                         
                                                instrument is                           
                                                exercised/ converted.                   
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
C: Financial Instruments with similar economic effect to Qualifying Financial           
Instruments xv, xvi                                                                     
                                                                                        
Resulting situation after the triggering transaction                                    
                                                                                        
Type of       Exercise  Expiration Exercise/   Number of voting       % of voting rights
financial     price     date xvii  Conversion  rights instrument      xix, xx           
instrument                         period      refers to                                
                                   xviii                                                
                                                                                        
                                                                                        
                                                                      Nominal Delta      
                                                                                        
CFD           N/A       N/A        N/A         1,235,905              1.02%                    
                                                                                 
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Total (A+B+C)                                                                           
                                                                                        
Number of voting rights                     Percentage of voting rights                 
                                                                                        
6,106,714                                   5.06%                                       
                                                                                        


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
BlackRock Investment Management (UK) Limited - 6,106,714 (5.06%)                        
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                           
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
13. Additional information:                                                             
                                                                                        
14. Contact name:                                                Kevin Wrightson        
                                                                                        
15. Contact telephone number:                                    0191 217 0717