Purchase of Own Securities

Taylor Woodrow PLC
18 September 2001


Taylor Woodrow plc

Share buyback programme

Taylor Woodrow plc ('the company') announces that on 17 September, 2001 it 
purchased for cancellation 755,250  of its 25p ordinary shares at the price of 
170 pence per share.

So far, 15,430,250 shares have been re-purchased since the programme began on 5 
September 2001. This equates to approximately 2.66 per cent of the company's 
total issued share capital prior to the commencement of the programme.

The purchases were made by the company pursuant to the authorisation granted
at its Annual General Meeting on 31 May, 2001 under Section 163 Companies Act 
1985.

Further shares will be purchased by the company from time to time in the
market at prevailing market prices.

Richard Morbey
Group Company Secretary


Enquiries:
Tony McGarahan, Group director of Corporate Relations
Tel: [phone]