Purchase of Own Shares

Taylor Woodrow PLC
25 September 2001


Taylor Woodrow plc
Share buyback programme

Taylor Woodrow plc ('the company') announces that on 24 September 2001 it 
purchased for cancellation 2,027,471 of its 25p ordinary shares at prices 
between 151 pence per share and 160 pence per share.

So far, 20,258,891 shares have been repurchased since the programme began on 5 
September 2001.  This equates to approximately 3.488 per cent of the company' 
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.

Enquiries:

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