Director/PDMR Shareholding

Taylor Woodrow PLC
21 December 2005

21 December 2005

Taylor Woodrow plc

Sale of Shares out of Treasury



Taylor Woodrow plc ('the company') announces that on 21 December 2005 it has
transferred an aggregate of 1,074,319 of its 25p ordinary shares, which were
held as Treasury shares, to employees (a) exercising share options pursuant to
the Savings-Related Share Option Scheme, at prices between 124.4 pence per share
and 226.8 pence per share (b) acquiring shares pursuant to the Share Purchase
Plan (SIP) and the associated one for one match by the company and (c) awarded
shares under the long service award scheme and the Executive Share Option Plan.



Following the transfer of these shares, the company now holds 17,678,805 shares
as Treasury shares and has 574,212,332 ordinary shares in issue (excluding
treasury shares).



Contact:

Richard Morbey

Group Company Secretary




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