TWOD Taylor Woodrow

RNS No 9737w
TAYLOR WOODROW PLC
23 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
TODAY MADE MARKET PURCHASES OF THE FOLLOWING TAYLOR WOODROW PLC ORDINARY
SHARES:

23RD SEPTEMBER, 1999:
250,000 ORDINARY SHARES OF 25P EACH AT A PRICE OF 159.5p PER SHARE.

THIS PURCHASE WAS 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
PURCHASES.

NOTIFICATION IN RESPECT OF THESE PURCHASES WAS RECEIVED BY THE COMPANY ON 23RD
SEPTEMBER, 1999

END

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