Director Shareholding

Taylor Woodrow PLC
27 June 2002

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

 1. Name of company
    Taylor Woodrow plc


    2) Name of director
    Iain Napier


    3) Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder if it is a
    holding of that person's spouse or children under the age of 18 or in
    respect of a non-beneficial interest

Beneficial interest of the shareholder


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

Iain Napier


5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)

No

6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

Purchase of shares

7) Number of shares/amount of
stock acquired

10,000


8) Percentage of issued class

0.0018%

9) Number of shares/amount
of stock disposed

n/a

10) Percentage of issued class

n/a

11) Class of security

25p ordinary shares

12) Price per share
176.25 pence

13) Date of transaction
26 June 2002

14) Date company informed
26 June 2002

15) Total holding following this notification
10,000

16) Total percentage holding of issued class following this notification

0.0018%

If a director has been granted options by the company please complete the
following boxes

17) Date of grant

n/a

18) Period during which or date on which exercisable

n/a

19) Total amount paid (if any) for grant of the option
n/a


20) Description of shares or debentures involved: class, number

n/a

21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise
n/a


22) Total number of shares or debentures over which options held
following this notification

n/a

23) Any additional information

n/a

24) Name of contact and telephone number for queries

Richard Morbey / Mike Lonnon / Jeremy Sampson

01784 428650

25) Name and signature of authorised company official responsible for
making this notification

Richard Morbey

Date of Notification 26 June 2002



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