Director Shareholding

Taylor Woodrow PLC 20 November 2002 Taylor Woodrow plc Taylor Woodrow plc Share Ownership Trusts On 19 November 2002 the Taylor Woodrow Qualifying Employee Share Ownership Trust ('QUEST') purchased 782,085 ordinary shares of 25p each in Taylor Woodrow plc at an average price per share of 178.7534p. These were purchased to meet forthcoming maturities of options issued under the Taylor Woodrow Group Savings-Related Share Option Scheme. Following this purchase, the QUEST holds 914,515 ordinary shares of 25p each in Taylor Woodrow plc. There is no unappropriated balance of shares in the QUEST in which the Executive Directors of Taylor Woodrow plc are deemed to have a notional interest. It is also announced that on 19 November 2002 the Taylor Woodrow Employee Share Ownership Trust ('ESOT') acquired 155,038 ordinary shares of 25p each in Taylor Woodrow plc at 188p each, which were obtained through an off-market purchase. Following this purchase, the ESOT holds 7,828,885 ordinary shares of 25p each in Taylor Woodrow plc. The unappropriated balance of shares held in the ESOT, in which the Executive Directors of Taylor Woodrow plc are deemed to have a notional interest, is 7,386 shares. This information is provided by RNS The company news service from the London Stock Exchange
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