Director/PDMR Shareholding

BELLWAY p.l.c.                                 

                           DIRECTOR'S SHAREHOLDINGS                            

                                20 JANUARY 2012                                

The Company was informed today that under the terms of the Bellway Employee
Share Trust (1992) 89,129 Bellway p.l.c. 12.5p ordinary shares were transferred
on 20 January 2012 to John Watson for a consideration of £1 under the terms of
the Bellway p.l.c. (2004) Performance Share Plan ("PSP").

Immediately thereafter all of these Bellway p.l.c. 12.5p ordinary shares were
sold at a price of 740.445p per share.

Following this transaction Mr Watson has a remaining beneficial interest in the
PSP of 245,747 (0.20%) shares.

Mr Watson's other interests remain unchanged.

The Company was also informed today that under the terms of the Bellway
Employee Share Trust (1992) 57,934 Bellway p.l.c. 12.5p ordinary shares were
transferred on 20 January 2012 to Alistair Leitch for a consideration of £1
under the terms of the Bellway p.l.c. (2004) PSP.

Immediately thereafter all of these Bellway p.l.c. 12.5p ordinary shares were
sold at a price of 740.445p per share.

Following this transaction Mr Leitch has a remaining beneficial interest in the
PSP of 106,257 (0.09%) shares.

Mr Leitch's other interests remain unchanged.

Name of contact and telephone number for queries:

Kevin Wrightson

Group Company Secretary

Bellway p.l.c.

Tel: [phone]