Holding(s) in Company

For filings with the FCA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               

   

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         

   

1. Identity of the issuer or the underlying                   Bellway p.l.c.             
issuer of existing shares to which voting rights                                         
are 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            X    
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)  (if                                                      
different from 3.):iv                                                                    
                                                                                         
5. Date of the transaction and date on                                                   
which the threshold is crossed or reached:                   02/06/2015                  
v                                                                                        
                                                                                         
6. Date on which issuer notified:                                                        
                                                             03/06/2015                  
                                                                                         
7. Threshold(s) that is/are crossed or                                                   
reached: vi, vii                                     Holding has gone below 5%           

8. Notified details:
A: Voting rights attached to shares viii, ix

Class/type of     Situation previous                 Resulting situation after               
shares             to the triggering                       the triggering                    
                      transaction                           transaction                      
                                                                                             
if possible                   Number                      Number             % of voting     
using              Number       of       Number             of                 rights x      
the ISIN CODE        of       Voting       of             voting                             
                   Shares     Rights     shares           rights                             
                                                                                             
                                                  Direct xi   Indirect    Direct    Indirect 
                                                                 xii                         
                                                                                             
GB0000904986     5,670,138  5,670,138     N/A        N/A         N/A        N/A     Below 5% 

   

B: Qualifying Financial Instruments                                                     
                                                                                        
Resulting situation after the triggering transaction                                    

   

  Type of financial   Expiration      Exercise/        Number of voting      % of voting   
     instrument       date xiii   Conversion Period   rights that may be        rights     
                                         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 financial  Exercise  Expiration  Exercise/     Number of voting        % of voting    
   instrument       price    date xvii  Conversion    rights instrument      rights xix, xx   
                                          period          refers to                           
                                           xviii                                              
                                                                                              
                                                                            Nominal    Delta  
                                                                                              
       CFD                                                   N/A              N/A       N/A   

   

Total (A+B+C)                                                                           

   

          Number of voting rights                    Percentage of voting rights         
                                                                                         
                    N/A                                       Below 5%                   

   

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        

   

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 2170717