Directorate Change

Taylor Woodrow PLC
11 November 2002

Date:         Embargoed until 7.00am, 11th November 2002


                 Taylor Woodrow plc appoints Finance Director

Taylor Woodrow plc, the housing and development company, today announces the
appointment of Peter Johnson as Finance Director as of November 18th.

Mr. Johnson is an experienced financial executive with a strong background in
financial services and property investment, conducting business both in the UK
and North America. Mr Johnson served as Group Finance Director of Henderson plc
from 1991-98. After its acquisition by AMP he held a number of roles latterly as
CFO for Pearl Assurance. He was also Finance Director of Norwich Union Life and,
for six weeks in July and August of 2001, Group Finance Director of Bioglan
Pharma plc.

Before joining Henderson, Mr. Johnson worked for the Hammerson Property
Investment and Development Corporation plc.

Commenting on the appointment, Iain Napier, Chief Executive, stated:

'We are delighted to have recruited an individual with such impressive financial
credentials. Peter's extensive experience will prove invaluable to Taylor
Woodrow and we have every confidence that he will add considerably to the
progress and development of the business as it implements its integrated 'one
company' strategy.'

In connection with the appointment of Peter Johnson as a Director of Taylor
Woodrow plc on 18th November 2002, the company confirms that there are no
details requiring disclosure under paragraphs 6.F.2(b) to (g) of the Listing
Rules of the Financial Services Authority, other than that Bioglan Pharma plc
was placed in administration in February 2002



- ENDS -



Further Information:

Ian Morris, Corporate Communications Director
Taylor Woodrow plc                                                 01784 428650

Jonathan Murrin, Head of Corporate Relations
Taylor Woodrow plc                                                 01784 428650

Scott Fulton/Peter Otero
Financial Dynamics                                                020 7831 3113


Note to Editors

Taylor Woodrow plc is a housing and development company operating out of the UK,
North America and selected markets. The company is listed on the London Stock
Exchange and in the year ending 31 December 2001, turnover exceeded £2 billion
for the first time whilst operating profits rose by 35 per cent on the previous
year to £224.2 million. Our vision is to become the leading developer of living
and working environments in the UK and other chosen markets.



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