For filings with the FCA include the annexFor filings with issuer exclude the annexTR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi1. Identity of the issuer or the underlying Bellway p.l.c.issuer of existing shares to which votingrights are attached: ii2 Reason for the notification (please tick the appropriate box or boxes):An acquisition or disposal of voting rights XAn acquisition or disposal of qualifying financial instruments whichmay result in the acquisition of shares already issued to which votingrights are attachedAn acquisition or disposal of instruments with similar economic effectto qualifying financial instrumentsAn event changing the breakdown of voting rightsOther (pleasespecify):3. Full name of person(s) subject to Standard Life Investments Ltdthe notification obligation: iii4. Full name of shareholder(s) (if Vidacos Nomineesdifferent from 3.):iv5. Date of the transaction and date 27/12/2013on which the threshold is crossed orreached: v6. Date on which issuer notified: 30/12/20137. Threshold(s) that is/are crossed 5%or reached: vi, vii8. Notified details:A: Voting rights attached to shares viii, ixClass/type of Situation previous Resulting situation aftershares to the triggering the triggering transaction transactionif possible Number Number % of votingusing Number of Number of rights xthe ISIN CODE of Voting of voting Shares Rights shares rights Direct Direct xi Indirect Direct Indirect xiiGB0000904986 5,989,856 5,989,856 6,128,060 3,103,641 3,024,419 2.549 2.484B: Qualifying Financial InstrumentsResulting situation after the triggering transactionType 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 FinancialInstruments xv, xviResulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting % of voting financial price date xvii Conversion rights instrument rights xix, xx instrument period refers to xviii Nominal DeltaTotal (A+B+C) Number of voting rights Percentage of voting rights 6,128,060 5.032%9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxiProxy Voting:10. Name of the proxy holder:11. Number of voting rights proxyholder will cease to hold:12. Date on which proxy holder willcease to hold voting rights:13. Additional information:14. Contact name: Kevin Wrightson15. Contact telephone number: 0191 2170717