TWOD Taylor Woodrow

RNS No 1207h
TAYLOR WOODROW PLC

Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Taylor Woodrow plc

2   Name of director:
Mr. C.J. Parsons

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
Mr. C.J. Parsons and his spouse

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
Mr. C.J. Parsons - 29 shares
Mrs. A. Parsons - 13 shares

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):
Mr. C.J. Parsons (Director) and his spouse

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Mr. C.J. Parsons discretionary general PEP tax reclaim invested - 19 shares
Mr. C.J. Parsons discretionary single company PEP tax reclaim invested - 10
shares
Mrs. A. Parsons discretionary general PEP tax reclaim invested - 13 shares

7   Number of shares/amount of stock acquired:
42 shares

8   Percentage of issued class:
0.00001

9   Number of shares/amount of stock disposed:
n/a

10  Percentage of issued class:
n/a

11  Class of security:
25p ordinary

12  Price per share:
187 pence

13  Date of transaction:
21st August 1997

14  Date company informed:
22nd August 1997

15  Total holding following this notification:
127,617

16  Total percentage holding of issued class following this notification:
0.032

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:
n/a

18  Period during which or date on which exercisable:
n/a

19  Total amount paid (if any) for grant of the option:
n/a

20  Description of shares or debentures involved: class, number:
n/a

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
n/a

22  Total number of shares or debentures over which options held following
this notification:
n/a

23  Contact name for queries:
M.A. Lonnon

24  Contact telephone number:
0171 629 1201

25  Name of company official responsible for making notification:
M.A. Lonnon





Additional Information:


END

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