TWOD Taylor Woodrow

RNS Number:9839A
Taylor Woodrow PLC
04 April 2006

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS



1. Name of the issuer

Taylor Woodrow plc



2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as
extended by section 328) of the Companies Act 1985; or

(iii) both (i) and (ii)

(i) A transaction notified in accordance with DR 3.1.4R(1)(A)



3. Name of person discharging managerial responsibilities/director

John Peshkin (a Person Discharging Managerial Responsibility)



4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person

Not a connected person



5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest

Holding of JR Peshkin



6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares

25p Ordinary Shares of Taylor Woodrow plc



7. Name of registered shareholders(s) and, if more than one, the number of
shares held by each of them

John Peshkin



8 State the nature of the transaction

1. Purchase of 235 shares as the fourth quarterly purchase of shares under the

company's Section 423 Plan for its US employees (2005 Offer).

Under the Plan, employees save a fixed amount each month, which is used to

purchase shares of Taylor Woodrow plc on a quarterly basis at 15% below

the lower of the middle market price on (a) the day preceding the first offer

of the annual Plan (31 March 2005) and (b) the quarter end date (31 March 2006).

The shares are held by the Plan administrator until called for by the

participant.



2. Award of an option to purchase up to 873 shares under the

company's Section 423 Plan for its US employees (2006 Offer).

The shares would be purchased by the employee on a quarterly basis at 15% below

the lower of the middle market price on (a) the day preceding the first offer

of the annual Plan (31 March 2006) and (b) the respective quarter dates

(30 June 2006, 30 September 2006, 31 December 2006 and 2 April 2007).

The shares so purchased would be held by the Plan administrator until

called for by the participant.



9. Number of shares, debentures or financial instruments relating to shares
acquired

235



10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)

0.00004% of shares in issue less treasury shares on date of purchase
(576,880,205 shares)



11. Number of shares, debentures or financial instruments relating to shares
disposed

Nil



12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)

N/A



13. Price per share or value of transaction

260p



14. Date and place of transaction

3 April 2006



15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)

227,310 Shares

0.039% of shares in issue less treasury shares on date of purchase (576,880,205
shares)



16. Date issuer informed of transaction

4 April 2006



If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes



17 Date of grant

3 April 2006



18. Period during which or date on which it can be exercised

Purchases are made on a quarterly basis, on 3 July 2006, 2 October 2006,

2 January 2007 and 3 April 2007.



19. Total amount paid (if any) for grant of the option

Nil



20. Description of shares or debentures involved (class and number)

Up to a maximum of 873 25p ordinary shares of Taylor Woodrow plc



21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise

The shares would be purchased by the employee on a quarterly basis at 15% below

the lower of the middle market price on (a) the day preceding the first offer

of the annual Plan (31 March 2006) and (b) the respective quarter dates

(30 June 2006, 30 September 2006, 31 December 2006 and 2 April 2007).



22. Total number of shares or debentures over which options held following
notification

513,001



23. Any additional information

None



24. Name of contact and telephone number for queries

M A Lonnon

0121 600 8542



Name and signature of duly authorised officer of issuer responsible for making
notification

Richard Morbey

Secretary, Taylor Woodrow plc



Date of notification

4 April 2006


END


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END

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