Director/PDMR Shareholding

Bellway PLC
22 January 2008

                     BELLWAY PLC - DIRECTOR'S SHAREHOLDINGS



                               22ND JANUARY 2008



The company was yesterday 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 on 16th January 2008 awarded rights over ordinary 12.5p shares in the
company as follows:



J K Watson                  -              67,159

P J Stoker                  -              43,653

A M Leitch                  -              43,653



                                          154,465



The Awards, which relate to existing shares, are to be held in the Bellway plc
Employee Share Trust (1992) until at least 16th January 2011.



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 2007 and ends on 31st July 2010.



Following the above awards, the total number of shares held in the trust is
226,817 (0.20%) (226,817; 0.20%).  Of these, the executive directors hold a
beneficial interest in 140,333 (0.12%) (140,333; 0.12%) ordinary shares held
under the terms of the company's deferred bonus arrangements.



Under the terms of the Bellway plc (2004) Performance Share Plan, certain
Bellway plc directors have a potential further beneficial interest in up to
445,715 (0.39%) (291,250; 0.26%) 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%) shares held in the Trust.



The other interests of the directors remain unchanged.



Ends


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