Director Shareholding

Bellway PLC
15 June 2001

                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS


 1. Name of company

    Bellway plc

 2. Name of director

    John Knowlton Watson

 3. Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder if it is a
    holding of that person's spouse or children under the age of 18 or in
    respect of a non-beneficial interest

    As above

 4. Name of the registered holder(s) and, if more than one holder, the number
    of shares held by each of them (if notified)

    Not applicable

 5. Please state whether notification relates to a person(s) connected with the
    Director named in 2 above and identify the connected person(s)

    Not applicable

 6. Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    Not applicable

 7. Number of shares/amount of stock acquired

    Not applicable

 8. Percentage of issued class

    Not applicable

 9. Number of shares/amount of stock disposed

    Not applicable

10. Percentage of issued class

    Not applicable

11. Class of security

    Not applicable

12. Price per share

    Not applicable

13. Date of transaction

    Not applicable

14. Date company informed

    14th June 2001

15. Total holding following this notification

    Not applicable



16. Total percentage holding of issued class following this notification

    Not applicable

    If a director has been granted options by the company please complete the
    following boxes

17. Date of grant


        8th June 2001


18. Period during which or date on which exercisable

    1st August 2004 - 31st January 2005

19. Total amount paid (if any) for grant of the option

    Nil

20. Description of shares or debentures involved: class, number

    Bellway plc ordinary 12.5p shares - 2,806

21. Exercise price (if fixed at time of grant) or indication that price is to
    be fixed at time of exercise

    345.20p

22. Total number of shares or debentures over which options held following
    this notification

    338,106

23. Any additional information

    Not applicable

24. Name of contact and telephone number for queries

    Kevin Wrightson - 0191 217 0717

25. Name and signature of authorised company official responsible for making
    this notification


        Kevin Wrightson

Date of Notification 15th June 2001