BLWYY Bellway PLC (PK)

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                          Bellway p.l.c.
existing shares to which voting rights 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
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
                                                        Standard Life Investments (Holdings) Limited (Parent
                                                                  Company) - 9.033% comprised of:

                                                             Standard Life Investments Limited - 8.466%

                                                             Ignis Investment Services Limited - 0.567%

4. Full name of shareholder(s)  (if different from
3.):iv
                                                                       Vidacos Nominees/HSBC

5. Date of the transaction and date on which the
threshold is crossed or reached: v
                                                                             21/05/2015

6. Date on which issuer notified:

                                                                             22/05/2015

7. Threshold(s) that is/are crossed or reached: vi,
vii
                                                                                 9%






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

                                                                 Direct xi   Indirect xii    Direct      Indirect

GB0000904986          11,000,016    11,000,016    11,066,318     5,489,875     5,576,443     4.481%       4.552%




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 xiv       rights that may be            rights
                                                                       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 xviii           refers to



                                                                                            Nominal      Delta





Total (A+B+C)



               Number of voting rights                               Percentage of voting rights

                      11,066,318                                                9.033%



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



Standard Life Investments (Holdings) Limited (Parent Company) - 9.033%
comprised of:



Standard Life Investments Limited - 8.466%



Ignis Investment Services Limited - 0.567%



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