RNS Number:2472T
Taylor Woodrow PLC
15 December 2003

                                  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 GROUP


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 named above


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

Stanlife Nominees Limited


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

Not disclosed


8) Percentage of issued class

Not disclosed


9) Class of security

25p ordinary shares


10) Date of transaction

12 December 2003


11) Date company informed

15 December 2003


12) Total holding following this notification

17,402,433


13) Total percentage holding of issued class following this notification

Notification that the interest has fallen below the reportable level of 3%


14) Any additional information


None

15) Name of contact and telephone number for queries

M A Lonnon

0121 600 8542


16) Name and signature of authorised company official responsible for
making this notification

R I Morbey

Company Secretary


Date of notification 15 December 2003




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