REG-Bellway PLC: Holding(s) in Company

Form TR-1 with annex. FSA Version 2.1 updated April 2007

TR-1: Notifications of Major Interests in Shares

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

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights YES

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 Polaris Capital Management, LLC
notification obligation:

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

5. Date of transaction (and date on 27.05.2009
which the threshold is crossed or
reached if different):

6. Date on which issuer notified: 29.05.2009

7. Threshold(s) that is/are crossed or 3%
reached:

8: Notified Details

A: Voting rights attached to shares

Class/type Situation previous Resulting situation after the triggering
of shares to the triggering transaction
transaction
If possible
use ISIN
code

Sedol

Number of Number of Number Number of voting Percentage of
shares voting of rights voting rights
rights shares

Direct Indirect Direct Indirect

0090498 TOTAL TOTAL TOTAL

4,787,939 4,407,939 3.833%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration Exercise/ No. of voting Percentage of
financial date conversion rights that may be voting rights
instrument period/date acquired (if the
instrument
exercised/
converted)

Total (A+B)

Number of voting rights Percentage of voting rights

4,407,939 3.833%

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

Proxy Voting:

10. Name of proxy holder:

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:

14 Contact name: Kevin Wrightson

15. Contact telephone number: 0191 217 0717

For notes on how to complete form TR-1 please see theFSA website.

END