TWOD Taylor Woodrow

RNS No 6914v
TAYLOR WOODROW PLC
25th March 1999


TAYLOR WOODROW PLC GIVES NOTICE THAT SG HAMBROS TRUST COMPANY (GUERNSEY) LTD.,
THE TRUSTEE TO AN EMPLOYEE BENEFIT TRUST ESTABLISHED BY THE COMPANY FOR THE
PURPOSES OF INCENTIVE PLANS FOR SENIOR EXECUTIVES (INCLUDING DIRECTORS) HAS ON
22ND AND 24TH MARCH 1999 MADE MARKET PURCHASES RESPECTIVELY OF 50,000 and
64,676 ORDINARY SHARES OF 25P EACH IN THE COMPANY AT A PRICE OF 189p PER
SHARE.

THE PURCHASES WERE MADE TO MEET FUTURE ANTICIPATED REQUIREMENTS OF THE TRUSTEE
IN RELATION TO OPTIONS UNDER THE TAYLOR WOODROW EXECUTIVE OPTION PLAN.

THE EXECUTIVE DIRECTORS OF TAYLOR WOODROW PLC, (NAMELY, K.R. EGERTON, D.A.
GREEN, B. ABRAHAMS, P.D. PHIPPS AND B.C. RUSSELL) ARE TO BE REGARDED AS HAVING
A TECHNICAL INTEREST IN A TOTAL OF 735,379 SHARES (INCLUDING THE SHARES WHICH
ARE THE SUBJECT OF THIS ANNOUNCEMENT) ALREADY HELD BY THE TRUSTEE AND WHICH AT
THE DATE HEREOF REMAIN UNALLOCATED FOR THE PURPOSES OF THE PLAN AND THE
EXECUTIVE BONUS PLAN.

NO ADDITIONAL INTERESTS ARISE ON THE PART OF THE DIRECTORS BY REASON OF THE
PURCHASE REFERRED TO IN THIS ANNOUNCEMENT.


END

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