Result of AGM

BELLWAY p.l.c.

(the ‘Company’)

Results of Annual General Meeting (‘AGM’)

13 December 2016

The Company is pleased to announce that all the resolutions proposed at the AGM held on 13 December 2016 were duly passed by a unanimous show of hands.  A breakdown of proxy votes lodged prior to the AGM is set out below.

Resolution			In favour *		Against		Withheld
	Total proxy votes cast	Proxy cards received	Votes	%	Votes	%	Shares
1. To adopt the reports and accounts.	88,322,416	445	87,544,153	99.12	778,263	0.88	10,583
2. To approve the Report of the Board on Directors’ Remuneration.	86,564,556	445	86,002,698	99.35	561,858	0.65	1,768,443
3. To declare a final dividend.	88,312,899	445	88,312,899	100.00	0	0.00	20,100
4. To re-elect Mr J K Watson.	87,317,271	445	82,290,110	94.24	5,027,161	5.76	1,015,728
5. To re-elect Mr E F Ayres.	88,311,138	445	88,000,346	99.65	310,792	0.35	21,861
6. To re-elect Mr K D Adey.	88,311,138	445	87,957,040	99.60	354,098	0.40	21,861
7. To re-elect Mr M R Toms.	88,311,138	445	88,182,921	99.85	128,217	0.15	21,861
8. To re-elect Mr J A Cuthbert.	88,311,138	445	86,955,595	98.47	1,355,543	1.53	21,861
9. To re-elect Mr P N Hampden Smith.	88,311,138	445	88,144,645	99.81	166,493	0.19	21,861
10. To re-elect Mrs D N Jagger.	88,311,138	445	88,178,322	99.85	132,816	0.15	21,861
11. To appoint the auditor.	88,331,606	445	85,994,374	97.35	2,337,232	2.65	1,393
12. To agree the auditor’s remuneration.	88,332,900	445	88,308,850	99.97	24,050	0.03	99
13. To approve the sale of a property by Bellway Homes Limited to E F Ayres, a director of the Company.	87,850,426	445	87,845,587	99.99	4,839	0.01	482,573
14. To authorise the directors to allot shares.	88,097,394	445	87,512,150	99.34	585,244	0.66	235,605
15. To authorise the dis-application of pre-emption rights.	88,308,572	445	87,421,281	99.00	887,291	1.00	24,427
16. To authorise the dis-application of pre-emption rights.	88,329,072	445	84,812,045	96.02	3,517,027	3.98	3,927
17. To authorise market purchases of the Company’s own shares.	88,312,899	445	87,083,290	98.61	1,229,609	1.39	20,100
18. To approve the amended rules of the Bellway plc (2013) Savings Related Share Option Scheme.	88,308,893	445	88,286,727	99.97	22,166	0.03	24,106
19. To allow the Company to hold general meetings (other than AGMs) at 14 days’ notice.	88,332,934	445	81,820,806	92.63	6,512,128	7.37	65

The percentage of votes cast exclude Withheld votes.  Votes in favour include votes at Chairman’s discretion.

The total number of votes cast by proxy: 88,332,934.

Number of shares in issue and therefore the total number of voting rights: 122,689,275.

Number of shareholders at meeting date: 2,855.