Director Shareholding

Taylor Woodrow PLC
27 June 2002


Taylor Woodrow plc

Taylor Woodrow plc Employee Share Ownership Trust

On 27 June 2002 the Taylor Woodrow plc Employee Share Ownership Trust ('ESOT')
purchased 250,000 ordinary shares of 25p each in Taylor Woodrow plc at 182.5p
per share.

The said shares were purchased to meet a maturing option under the Taylor 
Woodrow Executive Share Option Plan.

There is no change to the notional interest of Executive Directors of Taylor
Woodrow plc in the unappropriated balance of shares held in the ESOT. That 
balance remains 4,560 shares.


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