Instow/Stock form
From Taighde
RNS Number:4171H Bellway PLC 09 November 2007
TR-1: notification of major interests in shares
1. Identity of the issuer or the underlying issuer of existing Bellway p.l.c.
shares to which voting rights are attached:
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights NO
An acquisition or disposal of financial instruments which may result in the acquisition YES of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights NO
Other (please specify):______________
3. Full name of person(s) subject to the notification INSTOW LIMITED
obligation:
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction (and date on which the threshold is 8TH NOVEMBER 2007
crossed or reached if different):
6. Date on which issuer notified: 9TH NOVEMBER 2007
7. Threshold(s) that is/are crossed or reached: 3%
8. Notified details:
A: Voting rights attached to shares
Class/type of Situation previous to Resulting situation after the triggering transaction shares the Triggering
transaction
if possible Number of Number of Number of Number of voting rights % of voting rights
using the ISIN Shares Voting shares CODE Rights Direct Direct Indirect Direct Indirect
B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial Expiration Exercise/ Conversion Number of voting rights % of voting instrument date Period/ Date that may be acquired if rights
the instrument is
exercised/ converted.
Total Return Swap Instow Not later At any time up to 3,993,889 3.48% Limited has an existing than 11th 11th June 2008 economic exposure in June 2008. relation to 3,993,889 Bellway p.l.c. shares (the 'Relevant Shares') through a Total Return Swap (the ' TRS'). Under the terms of the TRS, Instow Limited may elect for physical delivery of the Relevant Shares.
Total (A+B)
Number of voting rights % of voting rights
3,993,889 3.48%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
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: Notification using the total voting rights figure of 114,678,350
14. Contact name: Kevin Wrightson
15. Contact telephone number: 0191 217 0717
