Holding in Company

Taylor Woodrow PLC
21 August 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

TAYLOR WOODOROW plc


2) Name of shareholder having a major interest

CGNU plc on behalf of itself and its subsidiary Morley Fund Management Limited


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

Holding of shareholder


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

(CGNU & Morley)

BNY Norwich Union Nominees Limited 9,332,049

Chase GA Group Nominees Limited 3,618,592

CUIM Nominee Limited 4,411,008

RBSTB Nominees Limited 1,299,667

(CGNU)

Hibernian Investment Managers Limited 26,414


5) Number of shares/amount of stock acquired

Not advised



6) Percentage of issued class

N/A


7) Number of shares/amount of stock disposed

N/A



8) Percentage of issued class

N/A



9) Class of security

25p ordinary shares


10) Date of transaction

Not advised



11) Date company informed

21 August, 2001


12) Total holding following this notification

CGNU plc 18,687,730 (of which Morley Fund Management Limited 18,661,316)


13) Total percentage holding of issued class following this notification

CGNU plc 3.218% (of which Morley Fund Management Limited 3.214%)


14) Any additional information

No



15) Name of contact and telephone number for queries

M. A. Lonnon

01784 428748


16) Name and signature of authorised company official responsible for
making this notification

M. A. Lonnon


Date of notification 21 August, 2001