Holding in Company

Bellway PLC
4 October 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

 1. Name of company

Bellway plc

2) Name of shareholder having a major interest

CGNU 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

BNY Norwich Union Nominees Limited      -     2,055,760

Chase GA Group Nominees Ltd          -      1,669,720

CUIM Nominee Ltd               -      697,159

                                   4,422,639


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

4th October 2001

12) Total holding following this notification

4,422,639

13) Total percentage holding of issued class following this notification

4.02%

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 4th October 2001