TWOD Taylor Woodrow

RNS Number:7534P
Taylor Woodrow PLC
10 January 2002

              EMBARGOED UNTIL 7.00AM - THURSDAY 10 JANUARY 2002



                              Taylor Woodrow plc

                   Appointment of New Group Chief Executive

Taylor Woodrow plc, the international housing and development Group, announced
today that Iain Napier (aged 52) will take over as Group Chief Executive on 1
February 2002, succeeding Keith Egerton who will retire as a Director on that
date.  Iain joins the Main Board with immediate effect.

As Chief Executive of Bass Brewers and Bass International Brewers, Iain Napier
was previously a Main Board Director of Bass PLC (now Six Continents PLC).
Following the disposal of its brewing interests, he became a member of the
Executive Management Committee of Interbrew SA.

Commenting on this appointment, Dr. Robert Hawley, Chairman of Taylor Woodrow
said:

"Under Keith Egerton's leadership, Taylor Woodrow has made tremendous progress
in radically transforming the strategic shape and financial performance of the
company.  The Board respect his desire to retire at the age of 60, and wish
him well in the future.

We are delighted that Iain Napier is joining the Group.  With his extensive
commercial background and detailed knowledge of consumer markets, Iain is
ideally qualified to drive Taylor Woodrow forward as a leading housing and
development company."

A detailed biography is available on request.

For further information please contact:

Investor Relations:
Jonathan Murrin, Investor Relations Manager
Taylor Woodrow plc                                     Tel: 01784 428 718

Media Enquiries:
Miranda Bellord, Public Relations Manager
Taylor Woodrow plc                                     Tel: 01784 428 784

Scott Fulton/Peter Otero
Financial Dynamics                                     Tel: 020 7831 3113

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