RNS No 3341m
TAYLOR WOODROW PLC
30 September 1999


Schedule 10 - Notification of Major Interests in Shares

1   Name of company:
Taylor Woodrow plc

2   Name of shareholder having a major interest:
Standard Life Investments Ltd.

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:
Shareholder

4   Name of registered holder(s) and, if more than one holder, the number of
shares held by each of them:
Stanlife Nominees Ltd.

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:
1,308,500 shares

8   Percentage of issued class:
0.33%

9   Class of security:
25p ord.

10  Date of transaction:
29 September 1999

11  Date company informed:
30 September 1999

12  Total holding following this notification:
11,160,742

13  Total percentage holding of issued class following this notification:
2.8%

14  Contact name for queries:
R.I. Morbey

15 Contact telephone number:
0171-629 1201

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

17  Date of notification:
30 September 1999

Additional Information:


END

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