Director Shareholding

Bellway PLC
1 February 2001

                     BELLWAY PLC DIRECTORS' SHAREHOLDINGS

                              1ST FEBRUARY 2001

The company was yesterday informed that under the terms of the Bellway plc
Employee Share Trust (1992) (a trust used to reward directors and employees),
5,000 Bellway plc ordinary 12.5p shares in the company were yesterday
transferred to an employee of the company for a total consideration of £1.00

Furthermore, the company was today informed that a further 5,000 Bellway plc
ordinary shares in the company were today transferred to an employee of the
company for a total consideration of £1.00 under the terms of the same
trust.

Following the above transactions, the total number of shares held in the trust
is 677,822 (0.62%) (687,822;0.63%). Of these, the executive directors have a
beneficial interest in 255,099 (0.23%) (255,099;0.23%).

In addition, each executive director has a potential further beneficial
interest in up to 422,723 (0.39%) (432,723;0.40%).

The other interests of the directors remain unchanged.


Ends