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 issuer of Bellway p.l.c.existing shares to which voting rights 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 which may resultin the acquisition of shares already issued to which voting rights are attachedAn acquisition or disposal of instruments with similar economic effect toqualifying financial instrumentsAn event changing the breakdown of voting rightsOther (please specify):3. Full name of person(s) subject to thenotification obligation:iii Standard Life Investments (Holdings) Limited (Parent Company) - 8.012% comprised of: Standard Life Investments Limited - 7.612% Ignis Investment Services Limited - 0.4%4. Full name of shareholder(s) (if different from3.):iv Vidacos Nominees/HSBC5. Date of the transaction and date on which thethreshold is crossed or reached: v 21/11/20146. Date on which issuer notified: 24/11/20147. Threshold(s) that is/are crossed or reached: vi,vii 8%8. 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 using Number Number % of votingthe ISIN CODE Number of Number of rights x of Voting of voting Shares Rights shares rights Direct xi Indirect xii Direct IndirectGB0000904986 9,686,571 9,686,571 9,791,999 5,241,421 4,550,578 4.288% 3.723%B: Qualifying Financial InstrumentsResulting 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 FinancialInstruments xv, xviResulting 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 DeltaTotal (A+B+C) Number of voting rights Percentage of voting rights 9,791,999 8.012%9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxiStandard Life Investments (Holdings) Limited (Parent Company) - 8.012%comprised of:Standard Life Investments Limited - 7.612%Ignis Investment Services Limited - 0.4%Proxy Voting:10. Name of the proxy holder:11. Number of voting rights proxy holder will cease tohold:12. Date on which proxy holder will cease to holdvoting rights:13. Additional information:14. Contact name: Kevin Wrightson15. Contact telephone number: 0191 2170717