Director/PDMR Shareholding

Bellway PLC
19 October 2006

                     BELLWAY PLC - DIRECTOR'S SHAREHOLDINGS

                               19TH OCTOBER 2006

The company was today informed that under the terms of the Bellway plc Employee
Share Trust (1992) (a trust used to reward directors and employees) deferred
bonus rights were allocated on 18th October 2006 in respect of 42,857 Bellway
plc 12.5p ordinary shares to the following executive directors as follows:

J K Watson                  -           17,857
P J Stoker                  -           12,946
A M Leitch                  -           12,054

                                        42,857

The shares are to be held in the Bellway plc Employee Share Trust (1992) until
at least 18th October 2009, at which point they can be transferred into each
individual executive director's name for a consideration of £1 per director for
a period up to 18th October 2013.  In addition, each director will be entitled
to dividends which accrue in the three year period which will be settled by way
of a scrip issue of further shares.

In addition, the company was today also informed that under the terms of the
Bellway plc Employee Share Trust (1992) and the Bellway plc (2004) Performance
Share Plan (arrangements used to reward directors and employees) the following
directors were yesterday conditionally awarded ordinary 12.5p shares in the
company as follows:

J K Watson                  -           33,482
P J Stoker                  -           23,065
A M Leitch                  -           23,065

                                        79,612

The Awards, which relate to existing shares, are to be held in the Bellway plc
Employee Share Trust (1992) until at least 18th October 2009.

The above Awards are maximum awards and the degree to which they will actually
vest depends upon performance targets measured over a three year period (the
'performance period'). The performance period which is to be used commenced on
1st August 2006 and ends on 31st July 2009.

The participating directors will, following the end of the relevant performance
period, be notified as to the extent to which performance targets have been
achieved and their Awards have vested.  Provided that they remain directors or
employees of the company, they will then have up to six months following the
third anniversary of the date the Awards were made in which to secure the
release of the ordinary shares.

Following the above transactions, the total number of shares held in the trust
is 422,439 (0.37%) (422,439; 0.37%).  Of these, the executive directors hold a
beneficial interest in 312,453 (0.27%) (269,596; 0.249%).

Under the terms of the Bellway plc (2004) Performance Share Plan arrangement,
certain Bellway plc directors have a potential further beneficial interest in up
to 483,129 (0.42%) (403,517; 0.36%) shares held in the Trust.

In addition, each Bellway executive director has a potential further beneficial
interest in up to nil (0.0%) (nil; 0.0%).

The other interests of the directors remain unchanged.



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