Rule 8.3 - TAYLOR WOODROW

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              TAYLOR WOODROW
Class of relevant security    ORD GBP0.25
to which the dealings being
disclosed relate (Note 2)
Date of dealing               27 April 2007

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                            Long                    Short

                      Number       (%)          Number     (%)

(1) Relevant        24,685,921     4.24%        858,798    0.15%
 securities
(2) Derivatives        450,832     0.08%      1,273,031    0.22%
(other than
options)
(3) Options and        226,917     0.04%        226,917    0.04%
agreements to
purchase/sell

Total               25,363,670     4.36%      2,358,746    0.41%


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

(a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
                                   (GBP)
Purchase      7,983                4.8974
Purchase      16,913               4.8710
Purchase      1,349                4.9785
Purchase      19,800               4.8599
Purchase      114,839              4.9195
Purchase      32,246               4.9887
Purchase      130,724              4.9948
Purchase      9,747                4.9060
Sale          79                   5.0125
Sale          29,664               4.9672
Sale          300,00               4.8655
Sale          7,983                4.8846
Sale          2,800                4.9893
Sale          3,157                4.9826
Sale          5,878                4.9958
Sale          30,700               4.8441

(b)  Derivatives transactions (other than options)

Product    Long/Short    Number of Securities  Price Per
name                                           Unit (GBP)
CFD        Short         19800                 4.8599
CFD        Short         16913                 4.8709
CFD        Short         7983                  4.8974
CFD        Short         9747                  4.9059
CFD        Short         114839                4.9195
CFD        Short         1349                  4.9784
CFD        Short         32246                 4.9887
CFD        Long          30700                 4.844
CFD        Long          7983                  4.8846
CFD        Long          29664                 4.9671
CFD        Long          3157                  4.9826
CFD        Long          2800                  4.9892
CFD        Long          5878                  4.9957


(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry   Option money
e.g. call       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)





4.   OTHER INFORMATION
None

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.





Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         30 April 2007
Contact name                               BARCLAYS COMPLIANCE
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk