RNS Number:2168Q
HSBC Bank PLC.
26 September 2003

                                                             FORM 38.5 (SUMMARY)

Lodge with Company Announcements Office and the Panel. Use a separate form for
each class of securities in which dealings have been made.



CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS

Name of EMM                                   HSBC Bank Plc

Date of Disclosure                            26 September 2003

Contact Name                                  Leon Passey

Telephone Number                              0207 991 6187


Please see attached disclosure of dealings under Rule 38.5 in the securities
of the following companies:

Safeway plc

Taylor Woodrow plc


AMENDMENT

If the attached Rule 38.5 disclosure is to amend a previous disclosure, please
state which element(s) of previous disclosure was incorrect:



In the case of option business or dealings in derivatives full details should
be given on a separate sheet so that the nature of the dealings can be fully
understood. For options this include the number of securities under option,
the exercise period (or in the case of exercise, the exercise date),
the exercise price and any option money paid or received. For derivative
this should include, at least, the number of reference securities to which
they relate (when relevant), the maturity date (or if applicable the closing
out date) and the reference price.

For full details of the disclosure requirements see Rules 8 and 38 of the Code.
If in doubt contact the Monitoring Section of the Panel, Tel. No: 020 7638 0129




 FORM 38.5
CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in                                                  Safeway plc
Class of Security                                           Ordinary Shares
Date of Disclosure                                          26 September 2003
Date of Dealing                                             25 September 2003
Name of EMM                                                 HSBC Bank Plc
Name of Offeree/Offeror with whom connected                 Safeway plc

Total Number of securities purchased                        593,516
Highest price paid*                                         299.50p
Lowest price paid*                                          293.05p

Total number of securities sold                             608,125
Highest price received*                                     300.25p
Lowest price received*                                      293p

Currency must be stated


 FORM 38.5
CONNECTED EXEMPT MARKET-MAKERS:
DISCLOSURE UNDER RULE 38.5 OF THE CITY CODE ON TAKEOVERS AND MERGERS
Dealing in                                                  Taylor Woodrow plc
Class of Security                                           Ordinary Shares
Date of Disclosure                                          26 September 2003
Date of Dealing                                             25 September 2003
Name of EMM                                                 HSBC Bank Plc
Name of Offeree/Offeror with whom connected                 Taylor Woodrow plc

Total Number of securities purchased                        64,626
Highest price paid*                                         242.05p
Lowest price paid*                                          238.80p

Total number of securities sold                             28,456
Highest price received*                                     240.95p
Lowest price received*                                      239.15p

 Currency must be stated




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

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