Transaction in Own Shares

Taylor Woodrow PLC
09 November 2004

9 November 2004

Taylor Woodrow plc

Share buyback programme



Taylor Woodrow plc ('the company') announces that on 9 November 2004 it
purchased 500,000 of its 25p ordinary shares at prices between 236 pence per
share and 235.25 pence per share.



These shares will be held as Treasury shares.


This purchase equates to approximately 0.085 per cent of the company's total
issued share capital.


Following the purchase of these shares, Taylor Woodrow holds 9,589,757 as
Treasury shares and has 576,589,175 ordinary shares in issue (excluding treasury
shares).


The purchase was made by the company pursuant to the authorisation granted at
its Annual General Meeting on 20 April, 2004, under Section 163 Companies Act
1985.


Aggregate purchases to date pursuant to that authorisation total 620,653 shares,
equating to approximately 0.108 per cent of the company's total issued share
capital (excluding treasury shares).



Contact:

Richard Morbey

Group Company Secretary




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