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               30 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        24,718,478     4.25%        798,852    0.14%
 securities
(2) Derivatives        390,886     0.07%      1,275,417    0.22%
(other than
options)
(3) Options and        223,056     0.04%        223,056    0.04%
agreements to
purchase/sell

Total               25,332,420     4.35%      2,297,325    0.39%


(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      40,339               4.8927
Purchase      2,899                4.8650
Purchase      55,366               4.8992
Purchase      3,100                4.8781
Purchase      900                  4.8781
Purchase      7,763                4.8798
Purchase      1,039                4.8650
Purchase      13,384               4.8660
Purchase      22,000               4.8696
Purchase      6,622                4.9029
Sale          11,725               4.8700
Sale          46,759               4.8860
Sale          17,510               4.9243
Sale          13,994               4.8650
Sale          5,389                4.8675
Sale          14,330               Transfer
Sale          2,901                4.8919
Sale          4,625                4.9165
Sale          3,622                4.8896


(b)  Derivatives transactions (other than options)

Product    Long/Short    Number of Securities  Price Per
name                                           Unit (GBP)
CFD        Short         13384                 4.8659
CFD        Short         22000                 4.8695
CFD        Short         4000                  4.8781
CFD        Short         7763                  4.8797
CFD        Short         40339                 4.8927
CFD        Short         55366                 4.8991
CFD        Short         6622                  4.9028
CFD        Long          11725                 4.87
CFD        Long          46759                 4.886
CFD        Long          3622                  4.8895
CFD        Long          2901                  4.8919
CFD        Long          4625                  4.9165
CFD        Long          17510                 4.9243


(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                         01 May 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