TWOD Taylor Woodrow

RNS No 2765r
TAYLOR WOODROW PLC
27 April 1999


              TAYLOR WOODROW ANNOUNCES FURTHER EXPANSION 
             OF ITS AUSTRALIAN LAND DEVELOPMENT OPERATION

Taylor Woodrow has purchased LandCorps interest in the Port Kennedy development
at Rockingham, Western Australia for A$5.950 million.

This latest acquisition brings Taylor Woodrows's interest in the 60-hectare
residential site to 100% and is the company's second deal in the region this
year.

In February Taylor Woodrow also increased its shareholding in North Whitfords
Estates Limited to 100%, following the acquisition, for a capital cost of A$5.8
million of the interests of the Corser Corporation.

Paul Phipps, Taylor Woodrow's main board director responsible for its housing
operations commented, 'This second acquisition is important for us in terms of
our long-term strategic expansion in Australia.  We are clearly an international
housing and property group and will continue our emphasis to develop these
activities in established markets that we consider have the potential for future
growth.'

Enquiries:
Caroline Wynn
Taylor Woodrow plc
0181 575 4033

Notes to editors:

1. North Whitfords Estates Limited was established in 1968 as a joint venture
   between Taylor Woodrow (Australia) Pty Limited and the Corser Corporation.

2. Taylor Woodrow has a number of high-quality residential communities in
   Perth, Western Australia (at Landsdale, Port Kennedy, Canning Vale, Baldivis
   and Wanneroo) and outside Sydney, New South Wales (at Camden and Horsley).

3. In addition to Australia, Taylor Woodrow has major housebuilding operations
   in the UK, the US, Canada and Spain.

END

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