Trading Statement

Bellway p.l.c.                                 

                                Trading Update                                 

                                 5 August 2010                                 

Bellway, the country's fourth largest volume housebuilder, is today updating
the market as to its trading performance during the twelve months to 31 July
2010.

The Group completed the sale of 4,595 homes (2009 - 4,380), an increase of
almost 5%, at an average sales price of around £163,000 (2009 - £154,005). The
operating margin will be in line with the guidance given in the Interim
Management Statement issued on 15 June.

In the calendar year 2010 to date, the market would appear to have returned to
its more usual profile of a spring peak followed by a quieter summer period.
Concerns still exist in the wider economy but our divisions achieved a slightly
higher reservation rate, during the financial year, of 89 per week (2009 - 85),
with cancellation rates having returned to their normal level of around 13%.
Against this background and provided the autumn market follows its usual
pattern, then a combination of increased outlets and a current order book of 
£421 million (2009 - £368 million) could help the Group achieve its aspiration
of producing volume growth in 2010/2011 of up to 10%.

Bellway continues to be active in the land market, especially in the south but
is beginning to see more opportunities emerge from its northern divisions. With
around £66 million of net cash at 31 July and a unit equivalent of around 50%
of next year's target already secured, the Group is well positioned, at the
start of its financial year, to exploit future market opportunities.

The preliminary results for the year ended 31 July 2010 will be announced on
Tuesday 19 October.



Certain statements in this announcement are forward-looking statements which
are based on Bellway p.l.c.'s expectations, intentions and projections
regarding its future performance, anticipated events or trends and other
matters that are not historical facts. Such forward-looking statements can be
identified by the fact that they do not relate only to historical or current
facts. Forward-looking statements sometimes use words such as "aim",
"anticipate", "target", "expect", "estimate", "intend", "plan", "goal",
"believe", or other words of similar meaning. These statements are not
guarantees of future performance and are subject to known and unknown risks,
uncertainties and other factors that could cause actual results to differ
materially from those expressed or implied by such forward-looking statements.
Given these risks and uncertainties, prospective investors are cautioned not to
place undue reliance on forward-looking statements. Forward-looking statements
speak only as of the date of such statements and, except as required by
applicable law, Bellway p.l.c. undertakes no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise.

FOR FURTHER INFORMATION PLEASE CONTACT:

JOHN WATSON, CHIEF EXECUTIVE & ALISTAIR LEITCH, FINANCE DIRECTOR FROM 7.30 AM
ONWARDS ON 0191 217 0717


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