RNS Number:1304D
Taylor Woodrow PLC
17 May 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

Ian Morris (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

Transaction in own name



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

Own holding



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

Own name                                                  39,046 shares

HSDL Nominees Ltd. (Taylor Woodrow Share Purchase Plan)   1,754 shares



8 State the nature of the transaction

1. Assumption and retention of full ownership rights of 15,521 shares acquired
on 7 April 2003 as qualification shares under the 2002 deferred bonus
arrangement.

2. Exercise of a Matching Option to acquire 15,521 matching shares, originally
granted on 7 April 2003 pursuant to the 2002 bonus plan following maturity on 7
April 2006.

3. Sale of 6,386 of the resulting matching shares.



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

15,521



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

0.0027% (Percentage is calculated relative to shares in issue less treasury
shares on date of sale which was 577,097,615 shares)



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

6,386



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

0.0011% (Percentage is calculated relative to shares in issue less treasury
shares on date of sale which was 577,097,615 shares)



13. Price per share or value of transaction

Acquisition                   Nil

Sale                          356.25p



14. Date and place of transaction

17 May 2006



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

49,935 shares

0.0087% (Percentage is calculated relative to shares in issue less treasury
shares on date of sale which was 577,097,615 shares)



16. Date issuer informed of transaction

17 May 2006



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



17 Date of grant

N/A



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

N/A



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

N/A



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

N/A



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

N/A



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

N/A



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

17 May 2006


END


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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