Subsidiary Management Change

Taylor Woodrow PLC 14 June 2006 Taylor Woodrow Subsidiary Management Change Taylor Woodrow has announced that after 24 years of service, John Peshkin has decided to step down as president of its North American subsidiary to pursue other interests outside the company. Group Chief Executive Iain Napier said, 'We are sorry to see John go but he leaves a business in good shape with strong regional leadership in each of our operations in North America. His departure will have no impact upon current trading which remains in line with expectations at the time of our AGM in May. For further information please contact: Taylor Woodrow Investor Relations Jonathan Drake 0121 600 8394 Taylor Woodrow Media Enquiries Ian Morris 0121 600 8520 Bell Pottinger Ben Woodford/ Dan de Belder 020 7861 3232 This information is provided by RNS The company news service from the London Stock Exchange
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