RNS Number:0051V
Taylor Woodrow PLC
04 February 2004

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

TAYLOR WOODOROW plc



2) Name of shareholder having a major interest:

Aviva plc and its subsidiary Morley Fund Management Limited have notified the
company that their respective interests in the ordinary share capital of Taylor
Woodrow plc have fallen below the 3% disclosure level.


3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18:

Holding of shareholder


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them:

Not advised


5) Number of shares/amount of stock acquired:

N/a


6) Percentage of issued class:

N/a


7) Number of shares/amount of stock disposed:

1,100,300



8) Percentage of issued class:

0.19%


9) Class of security:

25p ordinary shares


10) Date of transaction:

2 February 2004



11) Date company informed:

3 February 2004


12) Total holding following this notification:

N/a


13) Total percentage holding of issued class following this notification:

N/a


14) Any additional information:



15) Name of contact and telephone number for queries

Mike Lonnon

0121 600 8542


16) Name and signature of authorised company official responsible for
making this notification

Mike Lonnon
Secretary's Office,
Taylor Woodrow plc


Date of notification 4 February 2004


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

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