RNS Number:4853J
Taylor Woodrow PLC
20 April 2000


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Taylor Woodrow plc

2   Name of shareholder having a major interest:
Franklin Resources, Inc. and its affiliates

3   Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18:
Shareholder named above

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Chase Nominees Limited    11,078,810
Northern Trust Company       222,100
Bank of New York Nominees     34,070
Lloyds Bank                   60,874
TOTAL                     11,395,854

5   Number of shares/amount of stock acquired:
n/a

6   Percentage of issued class:
n/a

7   Number of shares/amount of stock disposed:
n/k

8   Percentage of issued class:
n/k

9   Class of security:
25p ordinary shares

10  Date of transaction:
n/k

11  Date company informed:
20 April, 2000

12  Total holding following this notification:
11,395,854

13  Total percentage holding of issued class following this notification:
2.98654

14  Contact name for queries:
R.I. Morbey

15 Contact telephone number:
020 7629 1201

16  Name of company official responsible for making notification:
R.I. Morbey

17  Date of notification:
20 April, 2000





Additional Information:


END
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