26 October 2016

Barratt Developments PLC

(the 'Company')

Notification and public disclosure of transactions by persons discharging managerial responsibilities ('PDMRs') and persons closely associated ('PCAs') with them

Vesting of Awards under the Barratt Developments PLC Co-investment Plan (the 'Co-invest') and the Long-Term Performance Plan (the 'LTPP')

In October 2013, David Thomas and Steven Boyes were granted awards under the Co-invest (in respect of the bonus earned in excess of 100% of salary for the financial year ending 30 June 2013) and the LTPP. The Co-invest vested on 19 October 2016 and the LTPP on 23 October 2016, however no shares could be released until such time as each of the participants had entered into arrangements to settle any tax and NI due on release.

Vesting of an Option - Chief Financial Officer

Neil Cooper was granted an option at a price of 10 pence per share on 21 December 2015. This award also vested on 23 October 2016 and Neil chose to exercise his option on 24 October 2016, choosing to settle any subscription cost and tax and NI due on release through the sale of shares and to retain the balance.

The aggregate number of ordinary shares of 10 pence each in the Company acquired by David Thomas, Steven Boyes and Neil Cooper on 25 October 2016 following the above vestings and the settlement of tax and national insurance is 380,405 Ordinary Shares of 10 pence each.

Grant of Awards under the Barratt Developments PLC Deferred Bonus Plan (the 'DBP')

Further to the disclosure in the Company's 2016 Annual Report and Accounts in respect of the deferral into shares of any bonus earned in excess of 100% of base salary for the financial year ended 30 June 2016, the Company announces that it has granted awards (the 'DBP Awards') to its Executive Directors in accordance with the provisions of the DBP as approved by shareholders at the 2015 AGM as follows:

The number of shares awarded was calculated at a share price of £4.8566 per share, being the average of the closing middle-market quotations, as derived from the daily official list of the Stock Exchange, for the first five dealing days following the date of the final results announcement of the Company for the financial year ended 30 June 2016.

Due to being restricted from dealing in Barratt securities, the  Executive Directors could not be granted the DBP Awards on  the same date as those employees who were not so restricted. Accordingly, the Remuneration Committee has exercised the discretion available to it under the rules of the DBP, to deem the grant date of the DBP Awards to the Executive Directors to be 17 October 2016, being the date on which they would have received the DBP Awards had they not been restricted.

The DBP Awards will therefore be subject to a continued employment condition for a period of three years, commencing 17 October 2016. At the end of the three years, the shares will be released to the participants, subject to the payment of any tax and national insurance liability due on the shares at that time. No matching shares have been granted against the DBP Awards.

Following the above transactions, the Company confirms that at the date of this announcement, each of the Executive Directors holds the following total number of options and awards over Ordinary Shares of 10 pence each in the Company:

The Company also confirms that, at the date of this announcement, each of the PDMRs of the Company, and their PCAs, hold the following total number of ordinary shares of 10 pence each in the Company:

The Notification of Dealing Forms for each of the above transactions by the Executive Directors/PDMRs can be found below.

Notification of Dealing - David Thomas

Notification of Dealing Form - Mr Steven Boyes

Notification of Dealing Form - PCA of Steven Boyes

Notification of Dealing Form - Mr Neil Cooper

This notification is made in accordance with the requirements of the Market Abuse Regulation.

For further information please contact:

Tina Bains

Company Secretary

01530 278278