Director Shareholding

Bellway PLC
25 October 2001


                     BELLWAY PLC DIRECTORS' SHAREHOLDINGS


                              25TH OCTOBER 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)
10,000 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.


Following the above transaction the total number of shares held in the trust
is 576,375 (0.52%) (586,375;0.53%). Of these, the executive directors have a
beneficial interest in 171,652 (0.16%) (171,652 (0.16%).


In addition, each executive director has a potential further beneficial
interest in up to 404,723 (0.37%) 414,723 (0.38%).


The other interests of the directors remain unchanged.


Ends