Result of AGM

BELLWAY p.l.c. (the "Company") Results of Annual General Meeting ("AGM") 12 December 2014 The Company is pleased to announce that all the resolutions proposed at the AGMheld on 12 December 2014 were duly passed by a unanimous show of hands. Abreakdown of proxy votes lodged prior to the AGM is set out below. Resolution In favour * Against Withheld Total Proxy Votes % Votes % Shares proxy cards votes cast received 1. To adopt the 92,538,304 391 92,460,258 99.92 78,046 0.08 306,597reports and accounts. 2. To approve the 91,712,033 391 89,575,994 97.67 2,136,039 2.33 1,132,868Directors'Remuneration Policy. 3. To approve the 89,964,191 391 88,603,870 98.49 1,360,321 1.51 2,880,710Report of the Boardon Directors'Remuneration. 4. To declare a final 92,545,067 391 92,545,067 100.00 0 0.00 299,834dividend. 5. To re-elect Mr J K 89,481,488 391 86,873,117 97.09 2,608,371 2.91 3,363,413Watson. 6. To re-elect Mr E F 92,546,422 391 92,157,638 99.58 388,784 0.42 298,479Ayres. 7. To re-elect Mr K D 92,546,422 391 92,140,408 99.56 406,014 0.44 298,479Adey. 8. To re-elect Mr M R 91,536,520 391 91,205,139 99.64 331,381 0.36 1,308,381Toms. 9. To re-elect Mr J A 92,542,546 391 91,162,488 98.51 1,380,058 1.49 302,355Cuthbert. 10. To re-elect Mr P 92,541,354 391 92,214,736 99.65 326,618 0.35 303,547N Hampden Smith. 11. To re-elect Mrs D 92,545,060 391 92,276,346 99.71 268,714 0.29 299,841N Jagger. 12. To appoint the 92,545,272 391 91,657,038 99.04 888,234 0.96 299,629auditors. 13. To agree the 92,544,974 391 92,457,424 99.91 87,550 0.09 299,927auditors'remuneration. 14. To approve the 92,541,724 391 92,413,047 99.86 128,677 0.14 303,177rules of the 2014Employee Share OptionScheme. 15. To authorise the 92,545,972 391 89,562,539 96.78 2,983,433 3.22 298,929directors to allotshares. 16. To authorise 92,545,365 391 91,874,839 99.28 670,526 0.72 299,536dis-application ofpre-emption rights. 17. To authorise 92,546,522 391 92,468,611 99.92 77,911 0.08 298,379market purchases ofthe Company's ownshares. 18. To allow the 92,546,007 391 85,669,232 92.57 6,876,775 7.43 298,894Company to holdgeneral meetings(other than AGMs) at14 days' notice. The percentage of votes cast exclude Withheld votes. Votes in favour include votes at Chairman's discretion. The total number of votes cast by proxy: 92,546,522. Number of shares in issue and therefore the total number of voting rights:122,230,008.

Number of shareholders at meeting date: 2,700.