Statement re Barking Reach

Bellway PLC 16 November 2006 BELLWAY p.l.c. BARKING REACH UPDATE Bellway p.l.c. is delighted with the decision from the Planning Committee of Barking and Dagenham Council, made on 15th November 2006, that it has passed a resolution to grant planning permission for Barking Riverside Limited to develop a 180 hectare site at Barking Reach in the Thames Gateway. The permission is subject to confirmation from the Mayor of London and the Secretary of State for the Department for Communities and Local Government. Barking Riverside Limited. is a joint venture between Bellway p.l.c. and English Partnerships and is set to become one of the largest regeneration projects in the U.K. The resolution to grant paves the way for the development of a new mixed use community in east London comprising 10,800 homes, of which approximately 50% will be solely developed by Bellway, together with schools, community facilities and enhanced transport links, including ultimately an extension to the Docklands Light Railway. The proposals will now progress through to the next stage of the planning process and once all permissions have been secured it is hoped that development will start in 2008. For further information contact John Watson or Alistair Leitch on 0191 2170717. Ends This information is provided by RNS The company news service from the London Stock Exchange

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