Directorate Change

Taylor Woodrow PLC 11 November 2002 Date: For immediate release, 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. This information is provided by RNS The company news service from the London Stock Exchange
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