Director/PDMR Shareholding

Bellway PLC
22 December 2005

                                  BELLWAY PLC


                            DIRECTOR'S SHAREHOLDINGS


                               22ND DECEMBER 2005


The company was informed today under the terms of the Bellway plc (1996)
Employee Share Option Scheme, the following director of the company exercised
today options over 12,100 Bellway plc 12.5p ordinary shares as follows:



Name                         No of shares                        Price per share

Peter Stoker                       12,100                                 409.30


Immediately thereafter, Mr Stoker sold 12,100 Bellway plc 12.5p ordinary shares
at a price of £11.17 per share.


Following the above transactions, the beneficial shareholding of Mr Stoker in
the ordinary share capital of the company is as follows:



No of shares            %                  Previous              %

480,000                 0.42               480,000               0.42



In addition, the total number of share options outstanding in respect Mr Stoker
following the above transactions is as follows:



Name                         Current                    Previous

Peter Stoker                 96,762                     108,862




The other interests of the directors remain unchanged.


Ends



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