Director/PDMR Shareholding

Bellway PLC
02 November 2005

                                  BELLWAY PLC


                            DIRECTOR'S SHAREHOLDINGS


                               2ND NOVEMBER 2005


The company was today informed under the terms of the Bellway plc (1996)
Employee Share Option Scheme, the following director of the company today
exercised options over 65,000 Bellway plc 12.5p ordinary shares as follows:



Name

                             No of shares       Price per share

Howard Dawe                      65,000              468.90


Immediately thereafter, Mr Dawe sold 65,000 Bellway plc 12.5p ordinary shares at
a price of 895.953846p per share.


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



Name

                                  Current              Previous

Howard Dawe                   100,352 (0.09%)       100,352 (0.09%)


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



             Current no of shares             Previous

                    75,884                    140,884


The other interests of the directors remain unchanged.


Ends





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