RNS Number:2318I
Taylor Woodrow PLC
04 March 2003


                 EMBARGOED UNTIL 7.00AM - TUESDAY 4 MARCH 2003

                               Taylor Woodrow plc
                                 Board Changes


Taylor Woodrow announces today that Dr Robert Hawley, CBE (66) has decided to
retire from the position of Chairman on 29 May 2003 at the expiry of his current
contract with the company.  Dr Hawley has held the office for four years during
which time he has successfully overseen the transformation of Taylor Woodrow
into a focused housing and development company.

With immediate effect, Sir George Russell, CBE (67) will also step down as
Deputy Chairman and is succeeded by Norman Broadhurst (61) who has been a non
executive director for three years.

Sir George will continue as the senior independent non executive director, for a
period of up to one year, and he will lead the search and selection process for
a new Chairman, which has commenced.  Sir George's wide external experience and
interests combined with his deep insight into Taylor Woodrow's business will
ensure continuity of non executive representation on the board during this
transition.

The board wishes to thank Dr Hawley for his personal commitment and major
contribution to considerably advancing the business and changing its strategic
direction.

                                    - ENDS -


For further information please contact:

Ian Morris                                     0121 600 8520 / 07816 518 767
Taylor Woodrow Public Relations

Jonathan Murrin                                0121 600 8521 / 07816 518 718
Taylor Woodrow Investor Relations

Scott Fulton                                   020 7269 7130 / 07788 144 993
Peter Otero                                    020 7269 7121 / 07979 537 408
Financial Dynamics


                      This information is provided by RNS
            The company news service from the London Stock Exchange
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