Director Shareholding

Bellway PLC
9 May 2001

                           BELLWAY PLC 9TH MAY 2001

                           DIRECTORS' SHAREHOLDINGS

The company was yesterday informed that under the terms of the Bellway plc
(1996) Employee Share Option Scheme, Mr A G Robson, a director of the company
yesterday exercised his option to purchase 106,000 Bellway plc 12.5p ordinary
shares (53,000 at a price of 305p per share and 53,000 at a price of 327.50p
per share). Immediately thereafter, Mr Robson sold the same number of shares
at a price of 428p per share.

Following the above transactions the beneficial shareholding of Mr Robson in
the ordinary share capital of the company is as follows:

Director         No of Shares          %          Previous            %
A G Robson       253,371               0.23       253,371             0.23
                            


In addition, the share options outstanding in respect of Mr Robson following
the above transactions is as follows:

Director         No of shares                 Previous
A G Robson        224,000                     224,000


The other interests of the directors remain unchanged.

Ends