Holding in Company

Bellway PLC
31 January 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

 1. Name of company

Bellway plc

2) Name of shareholder having a major interest

Standard Life Group

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

Stanlife Nominees Limited - 4,466,983

5) Number of shares/amount of stock acquired

176,000

6) Percentage of issued class

0.16%

7) Number of shares/amount of stock disposed

Not advised

8) Percentage of issued class

Not advised

9) Class of security

Ordinary 12.5p

10) Date of transaction

30th January 2001

11) Date company informed

31st January 2001

12) Total holding following this notification

4,466,983

13) Total percentage holding of issued class following this notification

4.079%

14) Any additional information

-

15. Name of contact and telephone number for queries

Kevin Wrightson - 0191 217 0717

16) Name and signature of authorised company official responsible for
making this notification

Kevin Wrightson Date of notification 31st January 2001