RNS No 9813r
TAYLOR WOODROW PLC


Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Taylor Woodrow plc

2   Name of director:
CJ Parsons; M Laycock; Sir Colin Corness

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:
CJ Parsons - Director & Spouse;
M Laycock - spouse only
Sir Colin Corness - Director only

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
CJ Parsons 34,505; Mrs A Parsons 35,520; Grieg Middleton Nominees Ltd. 15,400;
RC Grieg Nominees Ltd. 30,800; Bradford & Bingley PEP Nominees Ltd. 11,392;
Sir Colin Corness 10,148; Mrs. E. Laycock 18,967

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):
CJ Parsons' also relates to Mrs A Parsons
M Laycock's wholly relates to Mrs E Laycock

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Purchase of shares using the proceeds of the 1997 Interim cash dividend
pursuant to the Company's Dividend Re-investment Plan

7   Number of shares/amount of stock acquired:
CJ Parsons 230; Mrs A Parsons 237; Sir Colin Corness 68; Mrs E Laycock 127

8   Percentage of issued class:
CJ Parsons 0.00006; A Parsons 0.00006; Sir C Corness 0.000017; E Laycock
0.00003

9   Number of shares/amount of stock disposed:
N/A

10  Percentage of issued class:
N/A

11  Class of security:
25p ord.

12  Price per share:
185p

13  Date of transaction:
3 November 1997

14  Date company informed:
3 November 1997

15  Total holding following this notification:
CJ Parsons 128,084; Sir Colin Corness 10,216; M Laycock 19,094

16  Total percentage holding of issued class following this notification:
CJ Parsons 0.032; Sir Colin Corness 0.0026; M Laycock 0.0048

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:
R.I. Morbey, Secretary

24  Contact telephone number:
0171 629 1201

25  Name of company official responsible for making notification:
R.I. Morbey, Secretary





Additional Information:



END

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