Bellway Regulatory News (BWY)

31 Aug 2010 16:08

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 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 Aegon UK Group of Companiesnotification obligation:

4. Full name of shareholder(s) (if

different from 3):

5. Date of transaction (and date on which the threshold is crossed or 27th August 2010 reached if different): 6. Date on which issuer notified: 31st August 2010

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 Number of Number of Number of Number of voting Percentage of code shares voting shares rights voting rights rights Direct Indirect Direct Indirect Direct Indirect ORDINARY 3,973,977 3,973,977 Below Below 3% Below Below 3% n/a n/a 3% 3% GB0000904986 B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of Expiration date Exercise/ No. of voting Percentage of financial conversion rights that may voting rights instrument period/date be acquired (if the instrument exercised/ converted) C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of Exercise Expiration Exercise Number of % of voting rightsfinancial Price date Conversion voting rights instrument period instrument refers to Nominal Delta Contract for n/a n/a n/a n/a n/a n/a Difference Total (A+B+C) Number of voting rights Percentage of voting rights Below 3% Below 3%

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

Global AEGON Asset Management group "AAM"-

AEGON Asset Management Holding BV

AEGON Asset Management UK Holdings Ltd

AEGON Asset Management UK plc

AEGON Investment Management UK Ltd

Proxy Voting: 10. Name of proxy holder: Global AEGON Asset Management Group 11. Number of voting rights proxy N/Aholder will cease to hold: 12. Date on which proxy holder will

N/A

cease to hold voting rights:

13. Additional information:

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.