Director Shareholding

Taylor Woodrow PLC
06 October 2003

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS



1. Name of company


TAYLOR WOODROW PLC



2. Name of director


A)  IAIN NAPIER
B)  DENIS MAC DAID
C)  PETER JOHNSON
D)  GRAEME MCCALLUM
E)  NORMAN ASKEW



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



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


A)  JOHN GRANT (KNOWN AS IAIN) NAPIER
B)  DENIS JAMES ANTHONY MAC DAID
C)  PETER THOMAS JOHNSON
D)    GRAEME MCCALLUM
E)  NORMAN BRIAN MONTAGUE ASKEW



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


N/A



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 (ASKEW) AND
GRANT OF EXECUTIVE SHARE OPTION (NAPIER, MAC DAID, JOHNSON AND MCCALLUM



7. Number of shares / amount of stock acquired


9,974 (NORMAN ASKEW)



8. Percentage of issued class


0.002 %



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


248.75p



13. Date of transaction


6 October, 2003 (ASKEW)



14. Date company informed


6 October 2003



15. Total holding following this notification


9,974



16. Total percentage holding of issued class following this notification


0.002 %



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



17. Date of grant


3 OCTOBER 2003



18. Period during which or date on which exercisable


3 OCTOBER 2006 TO 2 OCTOBER 2013



19. Total amount paid (if any) for grant of the option


NIL



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


a)  196,754 25p ORDINARY 25 SHARES (NAPIER)
b)  167,342 25p ORDINARY SHARES (MAC DAID)
c)  174,036 25p ORDINARY SHARES (JOHNSON)
d)  111,561 25p ORDINARY SHARES (MCCALLUM)



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


246.5p



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


a)  1,626,684 (NAPIER)
b)  620,675 (MAC DAID)
c)  469,893 (JOHNSON)
d)  111,561 (MCCALLUM)



23. Any additional information


N/A



24. Name of contact and telephone number for queries


RICHARD MORBEY, 0121 600 8540



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


RICHARD MORBEY, COMPANY SECRETARY



Date of Notification


6 OCTOBER 2003



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