RNS Number:0573F
Taylor Woodrow PLC
12 December 2002


Taylor Woodrow plc

Taylor Woodrow plc Employee Share Ownership Trust

On 12 December  2002 the Taylor Woodrow plc Employee Share Ownership Trust
("ESOT") purchased 1,100,000 ordinary shares of 25p each in Taylor Woodrow plc 
at an average price per share of 164 pence per share.

The said shares were purchased to meet future maturing options 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 un-appropriated balance of shares held in the ESOT. 
That balance remains 3,958 shares.


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

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