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Monday 08 February, 2010

Bellway PLC

Holding(s) in Company


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

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                         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   No        
in the acquisition of shares already issued to which voting rights             
are attached                                                                   
                                                                               
An event changing the breakdown of voting rights                       No        
                                                                               
Other (please specify):______________                                  No        
                                                                               
3. Full name of person(s) subject to                                   AEGON UK Group of Companies            
notification obligation:                                                       
                                                                               
4. Full name of shareholder(s) (if                                             
different from 3):                                                             
                                                                               
5. Date of transaction (and date on                                    5th February 2010                      
which the threshold is crossed or                                              
reached if different):                                                         
                                                                                
6. Date on which issuer notified:                                      8th February 2010                      
                                                                               
7. Threshold(s) that is/are crossed or  5%                                     
reached:                                                                       

8: Notified Details                                                           
                                                                              
A: Voting rights attached to shares                                           
                                                                              
Class/type of   Situation         Resulting situation after the triggering    
shares          previous to the   transaction                                 
                triggering                                                    
If possible use transaction                                                   
ISIN code                                                                     

Number of     Number of Number of Number of voting    Percentage of           
shares        voting    shares    rights              voting rights           
              rights                                                          
                                  Direct    Indirect  Direct  Indirect        
                                                                              
GB0000904986  6,154,609 6,154,609 6,010,176 5,444,121 566,055 4.51     0.47   

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            
                                                                               
6,010,176                               4.98%                                  

9. Chain of controlled undertakings through which the voting rights and /or the
financial instruments are effectively held, if applicable:                     
                                                                               
AEGON UK Group of companies - parent undertaking of:                           
                                                                               
AEGON Asset Management UK plc                                                  
                                                                               
AEGON Investment Management UK ltd.                                            
                                                                               
AEGON ICVC                                                                     

Proxy Voting:                                                                  
                                                                               
10. Name of proxy holder:               AEGON UK Group of Companies            
                                                                               
11. Number of voting rights proxy       -144,433                               
holder will cease to hold:                                                     
                                                                               
12. Date on which proxy holder will     10th February 2010                     
cease to hold voting rights:                                                   

13. Additional information:             AEGON UK Group of Companies consists   
                                        of:                                    
                                                                               
                                        AEGON Asset Management UK plc          
                                                                               
                                        AEGON Investment Management UK ltd     
                                                                               
                                        AEGON ICVC                             
                                                                               
14 Contact name:                        Kevin Wrightson                        
                                                                               
15. Contact telephone name:             0191 217 0717                          

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



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