Director Shareholding

Taylor Woodrow PLC
02 April 2004

                                  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

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

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 BY THE THREE DIRECTORS USING THEIR 2003 CASH BONUS TO 
PURCHASE QUALIFYING SHARES UNDER THE TAYLOR WOODROW 2003 EXECUTIVE DEFERRED 
BONUS SCHEME

7. Number of shares / amount of stock acquired

109,232 (IAIN NAPIER)
 52,636 (PETER JOHNSON)
 41,260 (DENIS MAC DAID)

8. Percentage of issued class

0.0187% (IAIN NAPIER)
0.009% (PETER JOHNSON)
0.0070% (DENIS MAC DAID)

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

299.9267p

13. Date of transaction

2 April 2004

14. Date company informed

2 April 2004

15. Total holding following this notification

240,278 (IAIN NAPIER)
 83,299 (PETER JOHNSON)
205,433 (DENIS MAC DAID)

16. Total percentage holding of issued class following this notification

0.04% (IAIN NAPIER)
0.014% (PETER JOHNSON)
0.035% (DENIS MAC DAID)

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 executive options held
following this notification

N/A

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

2 April 2004



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