Director Shareholding

Taylor Woodrow PLC
28 April 2004

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company
Taylor Woodrow plc

2) Name of directors

a)    Iain Napier

b)    Peter Johnson

c)    Denis Mac Daid



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 or in respect of a
non-beneficial interest

Shareholders


4) Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

a)    John Grant (known as Iain) NAPIER

b)    Peter Thomas Johnson

c)    Denis James Anthony Mac Daid


5) Please state whether notification relates to a person(s) connected
with the Director named in 2 above and identify the connected person(s)

No

6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

Grant of 1:1 Matching Options to directors who, as announced on 2 April 2004,
utilised their cash bonus for 2003 to purchase ordinary shares of 25p each of
Taylor Woodrow plc as Contributory Shares under the Taylor Woodrow Cash Bonus
Deferral Plan 2003. Such options may be exercised if, and to the extent that,
the associated Contributory Shares are held for a period of three years to 2
April 2007.

7) Number of shares/amount of stock acquired

Nil

8) Percentage of issued class

N/A


9) Number of shares/amount
of stock disposed

N/A


10) Percentage of issued class

N/A

11) Class of security

25p ordinary shares

12) Price per share


N/A


13) Date of transaction


28 April 2004


14) Date company informed


28 April 2004


15) Total holding following this notification


a)    240,278     (Napier)

b)    83,299     (Johnson)

c)    205,433    (Mac Daid)



16) Total percentage holding of issued class following this notification

a)    0.041%      (Napier)

b)    0.014%      (Johnson)

c)    0.035%      Mac Daid)

If a director has been granted options by the company please complete the
following boxes

17) Date of grant

28 April 2004

18) Period during which or date on which exercisable

2 April 2007 to 1 April 2014

19) Total amount paid (if any) for grant of the option
Nil


20) Description of shares or debentures involved: class, number

a)    109,232 25p ordinary shares   (Napier)

b)    52,636 25p ordinary shares   (Johnson)

c)    41,260 25p ordinary shares   (Mac Daid)

21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise


Nil


22) Total number of shares or debentures over which options held
following this notification

a)    1,854,312   (Napier)

b)      530,566   (Johnson)

c)      713,797   (Mac Daid)

23) Any additional information

none4) Name of contact and telephone number for queries

Richard Morbey

0121 600 8540


25) Name and signature of authorised company official responsible for
making this notification

Richard Morbey
Group Company Secretary

Date of Notification 28 April 2004


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