Trading Statement

Bellway PLC 08 August 2002 Bellway p.l.c. Trading Update Bellway p.l.c. announces the following trading update ahead of its final results for the year to 31 July 2002 which will be announced on Tuesday 15 October 2002. For the year to 31 July 2002, the Board anticipates another highly satisfactory set of results which should exceed current market expectations with new records in turnover, profit before tax and earnings per ordinary share. Our previously stated target of selling more than 6,000 homes has been reached for the first time, at an average selling price of more than £120,000. Demand remains strong across the country giving us an increase in forward reservations over this time last year. In view of the foregoing, the Board remains extremely confident about the Group's future prospects. For further information please contact John Watson, Chief Executive or Alistair Leitch, Finance Director of Bellway p.l.c. on 0191 217 0717. This information is provided by RNS The company news service from the London Stock Exchange

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Bellway (BWY)
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