Holding(s) in Company

Bellway PLC
27 January 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

Bellway plc

2. Name of shareholder having a major interest

Fidelity Investments via its subsidiary FMR Corp. and its direct and in-direct subsidiaries, and Fidelity
International Limited and its direct and in-direct subsidiaries, both being non-beneficial holders.

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 but we have been advised that the notifiable interest also comprises the notifiable interest of
Mr Edward C Johnson 3d, a principal shareholder of FMR Corp. and Fidelity International Limited.

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

HSBC                                                                                            8,800,000
Chase Nominees Limited                                                                                800
State Street Nominees Ltd                                                                           7,100
Brown Brothers Harriman                                                                             5,200
State Street Bank & Trust                                                                         353,700
Chase Manhattan Bank London                                                                       103,533
JP Morgan                                                                                         371,300
Chase Manhatten Bank London                                                                       239,357
Deutche Bank                                                                                       42,600
Mellon Nominees Limited                                                                            32,700
Bank of New York, Brussels                                                                         84,500
Northern Trust London                                                                             114,450
HSBC Client Holdings Nominee (UK) Ltd                                                              17,650
State Street Bank & Trust                                                                          17,200
                                                                                               10,190,090

5. Number of shares / amount of stock acquired

1,044,875

6. Percentage of issued class

0.93%

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

27th January 2004

12. Total holding following this notification

10,190,090

13. Total percentage holding of issued class following this notification

9.12%

14. Any additional information

Not Applicable

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

27th January 2004

The FSA does not give any express or implied warranty as to the accuracy of this
document or material and does not accept any liability for error or omission.
The FSA is not liable for any damages (including, without limitation, damages
for loss of business or loss of profits) arising in contract, tort or otherwise
from the use of or inability to use this document, or any material contained in
it, or from any action or decision taken as a result of using this document or
any such material.


                      This information is provided by RNS
            The company news service from the London Stock Exchange