RNS Number:4017Q
JP Morgan Fleming Asset Mgmnt(UK)Ld
01 October 2003

                                                                    FORM 8.1/8.3


Lodge with Company Announcements Office (which will publicise and copy
to the Panel).

Use separate form for each class of securities in which dealings have
been made.


Date of disclosure 1st October 2003


DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) AND 8.3
OF THE CITY CODE ON TAKE-OVERS AND MERGERS


Date of dealing     30th September 2003


Dealing in      Taylor Woodrow Plc     (name of company)


(1) Class of securities (eg ordinary shares)       Taylor Woodrow Ord 25p


(2) Amount bought

133,965


Amount Sold

0


Price per unit

236.905 p



(3) Resultant total of the same class owned or controlled

(and percentage of class)      22,408,198     (4.06%)


(4) Party making disclosure      J.P. Morgan Fleming Asset Management


(5) EITHER     (a) Name of purchaser/vendor (Note 1)

    OR         (b) If dealing for discretionary client(s), name of fund 
                   management organisation

                   J.P. Morgan Fleming Asset Management


(6) Reason for disclosure (Note 2)

    (a) associate of      (i) offeror (Note 3)           NO

                          (ii) offeree company           NO


    Specify which category or categories of associate (1-8)


    If category (8), explain


    (b) Rule 8.3 (ie disclosure because of ownership or control of 1% or more
        of the class of relevant securities dealt in)      YES


Signed, for and on behalf of the party named in (4) above


(Also print name of signatory)      Sara Moth


Telephone and extension number      020 7325 5808


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