For filings with the FCA include the annex

For filings with issuer exclude the annex




TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi




1. Identity of the issuer or the underlying
issuer of existing shares to which voting rights              Bellway p.l.c.
are attached:ii




2 Reason for the notification (please tick the appropriate box or boxes):




An acquisition or disposal of voting rights                                          X

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

An acquisition or disposal of instruments with similar economic effect to            X
qualifying financial instruments

An event changing the breakdown of voting rights

Other (please
specify):




3. Full name of person(s) subject to the
notification obligation:iii
                                                          Blackrock, Inc.

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


5. Date of the transaction and date on
which the threshold is crossed or reached:
v                                                            22/01/2014

6. Date on which issuer notified:

                                                             23/01/2014

7. Threshold(s) that is/are crossed or
reached: vi, vii
                                                     Holding has gone below 11%






8. Notified details:
A: Voting rights attached to shares viii, ix



Class/type of     Situation previous                 Resulting situation after
shares             to the triggering                       the triggering
                      transaction                           transaction

if possible                   Number                      Number             % of voting
using              Number       of       Number             of                 rights x
the ISIN CODE        of       Voting       of             voting
                   Shares     Rights     shares           rights

                                         Direct   Direct xi   Indirect    Direct    Indirect
                                                                 xii

GB0000904986     11,530,393 11,530,393    N/A        N/A     11,174,895     N/A      9.17%




B: Qualifying Financial Instruments

Resulting situation after the triggering transaction




  Type of financial   Expiration      Exercise/        Number of voting      % of voting
     instrument       date xiii   Conversion Period   rights that may be        rights
                                         xiv            acquired if the
                                                         instrument is
                                                     exercised/ converted.






C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments xv, xvi

Resulting situation after the triggering transaction




Type of financial  Exercise  Expiration  Exercise/     Number of voting        % of voting
   instrument       price    date xvii  Conversion    rights instrument      rights xix, xx
                                          period          refers to
                                           xviii


                                                                            Nominal    Delta

       CFD                                                2,218,180          1.82%     1.82%




Total (A+B+C)




          Number of voting rights                    Percentage of voting rights

                13,393,075                                     10.99%




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



BlackRock Investment Management (UK) Limited - 13,393,075 (10.99%)






Proxy Voting:

10. Name of the 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 2170717