Holding(s) in Company

For filings with the FSA include the annex

For filings with issuer exclude the annex 

TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

BELLWAY PLC

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

√

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached 

An event changing the breakdown of voting rights

Other (please specify):______________

3. Full name of person(s) subject to notification obligation:

Aviva plc & its subsidiaries

4. Full name of shareholder(s) (if different from 3):

Registered Holder:

BNY Norwich Union Nominees Limited - 1,096,307*

Chase G A Group Nominees Limited - 2,711,812 *

Chase Nominees Limited - 170,005*

CUIM Nominees Limited - 661,775*

Vidacos Nominees Limited - 9,870*

* denotes direct interest

5. Date of transaction (and date on which the threshold is crossed or reached if different):

10th July 2008

6. Date on which issuer notified:

14th July 2008

7. Threshold(s) that is/are crossed or reached:

3% to 4% Change at Direct Interest Level

8: Notified Details

A: Voting rights attached to shares

Class/type of shares

If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

Ordinary

GB0000904986

3,479,648

3,479,648

4,649,769

4,649,769

Not disclosable

4.05%

Not disclosable

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date 

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

4,649,769

4.05%

9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

See section 4

Proxy Voting:

10. Name of proxy holder:

See section 4

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

Figures are based on a total number of voting rights of 114,950,915

14 Contact name:

Kevin Wrightson

15. Contact telephone name:

0191 217 0717