Change to Hldg in Co-Rplcmnt

Taylor Woodrow PLC 14 September 2000 The issuer has made the following amendment to the 'Change to Holding in Company' announcement released 14 September 2000 at 10:43 under RNS No 9326Q. In box 4 Chase Nominees Ltd should read 9,423,323 and not 8,907,957 as previously shown. In box 12 the total holding should read 50,147,778 and not 49,632,412 as previously shown. In box 13 the total percentage holding of issued class should read 13.126% and not 12.991% as previously shown. All other details remain unchanged. The full corrected version is shown below. Schedule 10 - Notification of Major Interests in Shares 1 Name of company: Taylor Woodrow plc 2 Name of shareholder having a major interest: Schroder Investment Management Ltd. 3 Please state whether notification indicates that it is in respect of holding of the shareholder named in 2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a holding of that person's spouse or children under the age of 18: Non-beneficial interest. Notification also includes the interests of Schroders plc (the holding company) and of Schroder Unit Trusts Ltd. 4 Name of registered holder(s) and, if more than one holder, the number of shares held by each of them: including: Schroder Nominees Ltd. - 18,147,052 Chase Nominees Ltd. - 9,423,323 Various other holders - 22,577,403 5 Number of shares/amount of stock acquired: Not advised 6 Percentage of issued class: N/A 7 Number of shares/amount of stock disposed: N/A 8 Percentage of issued class: N/A 9 Class of security: 25p ordinary shares 10 Date of transaction: Not advised 11 Date company informed: 14 September 2000 12 Total holding following this notification: 50,147,778 13 Total percentage holding of issued class following this notification: 13.126% 14 Contact name for queries: R.I. Morbey 15 Contact telephone number: 0171-298 5172 16 Name of company official responsible for making notification: R.I. Morbey, Secretary 17 Date of notification: 14 September 2000 Additional Information:
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