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               03 May 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       24,469,144    4.20%         697,053    0.12%
 securities
(2) Derivatives       233,919    0.04%       1,198,019    0.21%
(other than
options)
(3) Options and        256,315   0.04%         256,315    0.04%
agreements to
purchase/sell

Total               24,959,378   4.29%       2,151,387    0.37%


(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      24,417               4.9032
Purchase      20,697               4.8535
Purchase      7,539                4.8264
Purchase      10,056               4.8966
Purchase      28,403               4.8961
Purchase      2,891                4.9200
Purchase      17,284               4.8588
Sale          289                  4.8706
Sale          5,141                4.9141
Sale          136,856              4.8700
Sale          32,233               4.9593
Sale          30,151               4.9615
Sale          27,414               4.9176
Sale          29,771               4.8700
Sale          7,447                4.9401
Sale          3,200                4.9630
Sale          38,660               4.8581
Sale          14,660               4.8831
Sale          45,515               4.9345


(b)  Derivatives transactions (other than options)

Product    Long/Short    Number of Securities  Price Per
name                                           Unit (GBP)
CFD        Short         7539                  4.8263
CFD        Short         20697                 4.8535
CFD        Short         17284                 4.8588
CFD        Short         28403                 4.8961
CFD        Short         10056                 4.8966
CFD        Short         24417                 4.9031
CFD        Short         2891                  4.92
CFD        Long          38660                 4.8581
CFD        Long          14660                 4.883
CFD        Long          5141                  4.914
CFD        Long          27414                 4.9176
CFD        Long          45515                 4.9344
CFD        Long          7447                  4.94
CFD        Long          32233                 4.9592
CFD        Long          30151                 4.9615
CFD        Long          3200                  4.963

(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                         04 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