RNS Number:4201X
Taylor Woodrow PLC
30 May 2007

Form TR-1 with annex. FSA Version 2.1 updated April 2007


For filings with the FSA include the annex
For filings with issuer exclude the annex


TR-1: Notifications of Major Interests in Shares



The company has received an amended Form TR-1 as set out below which supersedes
the TR-1 released on 29 May 2007, at 16.56




1. Identity of the issuer or the underlying issuer of                   Taylor Woodrow plc
existing shares to which voting rights are attached:


2. Reason for notification (yes/no)                                                          

An acquisition or disposal of voting rights                                  yes                

An acquisition or disposal of financial instruments which may                 no
result in the acquisition of shares already issued to which 
voting rights are attached                                                    

An event changing the breakdown of voting rights                              no               
                                                                                             
Other (please specify):______________                                         no
                                                              
                                                              
3. Full name of person(s) subject to notification              Norman Brian Montague Askew
obligation:                                           (Taylor Woodrow plc Chairman and proxy holder)
                                                      
                                                                    
4. Full name of shareholder(s) (if different from     Shareholders appointing Norman Brian Montague
3):                                                                   Askew as Proxy   

5. Date of transaction (and date on which the
threshold is crossed or reached if different):                         29 May 2007
                                                                       

6. Date on which issuer notified:                                      30 May 2007
                                                                           

7. Threshold(s) that is/are crossed or reached:                            61%






8: Notified Details
A: Voting rights attached to shares


Class/type of   Situation previous to the Resulting situation after the triggering transaction
shares          triggering transaction
                Number of    Number of    Number of     Number of voting rights  Percentage of voting
If possible use shares       voting       shares                                 rights
ISIN code                    rights

                                                        Direct      Indirect     Direct      Indirect
Ordinary shares    9,974       9,974     359,956,892    9,974      359,946,918   0.0017       61.83
                 (below 3%)  (below 3%

ISIN:
GB0008782301


B: Financial Instruments


Resulting situation after the triggering transaction


Type of financial   Expiration date     Exercise/           No. of voting rights that Percentage of
instrument                              conversion period/  may be acquired (if the   voting rights
                                        date                instrument exercised/
                                                            converted)

     N/A                 N/A              N/A                    N/A                    N/A




Total (A+B)


Number of voting rights                              Percentage of voting rights
359,956,892                                          61.83








9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively
held, if applicable:

N/A


Proxy Voting:


10. Name of proxy holder:                                        Norman Brian Montague Askew
                                                               (Chairman of Taylor Woodrow plc)

11. Number of voting rights proxy holder will cease
to hold:                                                                 359,946,918

12. Date on which proxy holder will cease to hold    These voting rights were being held by Norman Brian
voting rights:                                       Montague Askew (Chairman of Taylor Woodrow plc)
                                                     pursuant to proxies received for the purposes of an
                                                     Extraordinary General Meeting held on 29 May 2007.
                                                     The proxies expired and the voting rights lapsed
                                                     immediately upon the conclusion of the Extraordinary
                                                     General Meeting.


13. Additional information:                           When the proxies expired 61.83% of voting rights
                                                      returned to the shareholders that appointed Norman
                                                      Brian Montague Askew as their proxy.

14 Contact name:                                                          Richard Morbey
                                                                    (Group Company Secretary)

15. Contact telephone number:                                          +44 (0)121 600 8540





For notes on how to complete form TR-1 please see the FSA website.


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

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