RNS 2131h
TAYLOR WOODROW PLC

Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Taylor Woodrow plc

2   Name of shareholder having a major interest:
Schroder Investment Management Limited 

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 the shareholder named in 2 above.   Notification also includes the
interests of Schroders plc (the holding Company)and of Schroder Unit Trusts
Limited.

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Schroder Nominees Limited         29,832,587
Popeshead Nominees Limited           140,316
Various other holders             20,181,286
  

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:
Not advised

8   Percentage of issued class:
N/A

9   Class of security:
25p ordinary shares of Taylor Woodrow plc.

10  Date of transaction:
Not advised

11  Date company informed:
Letter dated 8 May 1998 received 11 May, 1998

12  Total holding following this notification:
50,154,189

13  Total percentage holding of issued class following this notification:
12.586%

14  Contact name for queries:
Mr. R. I. Morbey

15 Contact telephone number:
0171 629 1201

16  Name of company official responsible for making notification:
Mr. R. I. Morbey

17  Date of notification:
11 May 1998

END

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