Directors' Shareholdings

BELLWAY p.l.c. (`the Company') DIRECTORS' SHAREHOLDINGS 5 DECEMBER 2013 The Company was today informed that on 28 November 2013 in Newcastle upon Tyne,the following directors acquired 6,313 ordinary 12.5p shares in the Company inrelation to participation in the Bellway p.l.c. (2008) Share Matching Plan(`the Plan') at a price of 1448p per share as follows: E F Ayres 3,843 K D Adey 2,470 6,313 In addition, in connection with the purchase of such shares (known as"Investment Shares" for the purposes of the Plan) pursuant to the rules of thePlan, the two directors concerned were, on the same day, granted nil costoption awards (known as "Matching Awards") in respect of 23,821 ordinary 12.5pshares in the Company as follows: E F Ayres 14,501 K D Adey 9,320 23,821 The number of shares awarded under the Matching Awards was calculated byreference to the number of Investment Shares acquired in accordance with therules of the Plan. Subject to the terms of the Plan, in the normal course of events the MatchingAwards will vest on the third anniversary of grant subject to the grantee'scontinued service, the retention of the linked Investment Shares and the extentto which performance targets measured over a three year period (`thePerformance Period') are satisfied. The Performance Period to be used commencedon 1 August 2013 and ends on 31 July 2016. To the extent the Matching Awards vest, the underlying nil cost option may beexercised during a six month exercise window commencing on the date of vesting. Following the grant of the Matching Awards, the aforementioned directors havean interest in 45,529 ordinary 12.5p shares under the terms of the Bellwayp.l.c. (2008) Share Matching Plan, as follows: E F Ayres 30,005 (0.025%) K D Adey 15,524 (0.013%) 45,529 In addition, following the above transaction, the aforementioned directors havea beneficial interest in 25,094 ordinary 12.5p shares in the Company asfollows: E F Ayres 20,135 (0.017%) K D Adey 4,959 (0.004%) 25,094 The other interests of the directors remain unchanged. This notification is made in accordance with DR 3.1.4R(1)(a). Name of contact and telephone number for queries: Kevin Wrightson, Tel: 0191 217 0717For and on behalf of Bellway p.l.c. Kevin WrightsonGroup Company Secretary

Date: 4 December 2013