Holding in Company

Bellway PLC
3 January 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

 1. Name of company

Bellway plc

2) Name of shareholder having a major interest

M & G Investment Management Limited (formerly Prudential plc)

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18

As above

4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

PRUCLT HSBC GIS NOM(UK) PAC AC          5,021,906

PRUCLT HSBC GIS NOM(UK) PPL AC           935,154

                                        ________

                                        5,957,060

 5. Number of shares/amount of stock acquired

Not disclosed

6) Percentage of issued class

Not disclosed

7) Number of shares/amount of stock disposed

Not disclosed

8) Percentage of issued class

Not disclosed

9) Class of security

Ordinary 12.5p

10) Date of transaction

Not disclosed

11) Date company informed

2nd January 2001

12) Total holding following this notification

5,967,060

13) Total percentage holding of issued class following this notification

5.45%

14) Any additional information

None

15) Name of contact and telephone number for queries

Kevin Wrightson

16) Name and signature of authorised company official responsible for

making this notification

Kevin Wrightdson

Date of notification 3rd January 2001