TWOD Taylor Woodrow

RNS No 3165f
TAYLOR WOODROW PLC
10 September 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
MADE MARKET PURCHASES OF THE FOLLOWING TAYLOR WOODROW PLC ORDINARY SHARES ON
THE DATES AND AT THE PRICES SHOWN BELOW:

9TH SEPTEMBER, 1999:
250,000 ORDINARY SHARES OF 25P EACH AT A PRICE OF 181.6p PER SHARE.

THIS PURCHASE WAS MADE TO MEET FUTURE ANTICIPATED REQUIREMENTS OF THE TRUSTEE
IN RELATION TO AWARDS TO BE MADE IN THE FUTURE UNDER THE TAYLOR WOODROW
EXECUTIVE BONUS 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 731,071 SHARES ALREADY HELD BY THE TRUSTEE
AND WHICH AT THE DATE HEREOF REMAIN UNALLOCATED FOR THE PURPOSES OF THE
EXECUTIVE BONUS PLAN.

10TH SEPTEMBER, 1999
100,000 ORDINARY SHARES OF 25P EACH AT A PRICE OF 179.5p PER SHARE.
150,000 ORDINARY SHARES OF 25P EACH AT A PRICE OF 182p PER SHARE.
THESE PURCHASES WERE MADE TO MEET REQUIREMENTS OF THE TRUSTEE IN RELATION TO
OPTIONS ALREADY AWARDED UNDER THE TAYLOR WOODROW EXECUTIVE OPTION PLAN.

NO ADDITIONAL INTERESTS ARISE ON THE PART OF THE DIRECTORS BY REASON OF THESE
LATTER PURCHASES.

NOTIFICATION IN RESPECT OF THESE PURCHASES WAS RECEIVED BY THE COMPANY ON 10TH
SEPTEMBER, 1999


END

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