RNS Number:7557V
Taylor Woodrow PLC
10 May 2002

Taylor Woodrow plc

Taylor Woodrow plc Employee Share Ownership Trust

On 8 May 2002 the Taylor Woodrow plc Employee Share Ownership Trust ("ESOT")
purchased 15,831 ordinary shares of 25p each in Taylor Woodrow plc at 213.5p per
share.

The said shares were purchased to meet a maturing option under the Taylor
Woodrow Executive Share Option Plan.

There is no change to the notional interest of Executive Directors of Taylor
Woodrow plc in the unappropriated balance of shares held in the ESOT. That 
balance remains 3,958 shares.



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