Director/PDMR Shareholding

Taylor Woodrow PLC 04 October 2006 Taylor Woodrow plc Taylor Woodrow Employee Share Ownership Trusts Share Transfers Taylor Woodrow plc ('the Company') has been notified of the transfer on 4 October 2006 of 73,866 25p ordinary shares of the Company ('Shares') by the Taylor Woodrow Employee Share Ownership Trust 1995 ('ESOT 1'). These Shares have been transferred to employees who validly exercised options granted over Shares pursuant to the Taylor Woodrow Executive Share Option Plan. Where individual employee interests arising from this transaction are themselves reportable, appropriate disclosure has been made. Following this disposal, the ESOT 1 held 2,589,838 Shares. Share Purchases The Company has also been notified that on 4 October 2006, the ESOT 1 purchased 200,000 (two hundred thousand) Shares at 353.4144p per Share. Following the above purchase, the ESOT 1 holds 2,789,838 Shares. The Company has also been advised that on 4 October 2006, the Taylor Woodrow Employee Ownership Trust 2004 ('ESOT 2') purchased 40,000 (forty thousand) Shares at 353.4144p per Share. Following the above purchase, the ESOT 2 holds 240,000 Shares. General Information The said Shares in ESOT 1 were purchased to meet future maturing options under the Taylor Woodrow Executive Share Option Plan and Taylor Woodrow Savings-Related Share Option Schemes and the Taylor Woodrow Executive Bonus Plan. The Shares in ESOT 2 were purchased to meet future maturing options under the Taylor Woodrow Performance Share Plan and the Taylor Woodrow Deferred Bonus Plan. Each of the executive directors of the Company is a potential beneficiary under both ESOT 1 and ESOT 2 and therefore, in accordance with section 329 Companies Act 1985, is regarded as having a notional interest in the current holdings of both ESOT 1 and ESOT 2 of 2,789,838 and 240,000 Shares, respectively. Richard Morbey Group Company Secretary Taylor Woodrow plc 4 October 2006. This information is provided by RNS The company news service from the London Stock Exchange
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