Director Shareholding

Taylor Woodrow PLC
07 December 2004


Pursuant to the rules of the Taylor Woodrow 2004 Share Incentive Plan, on
7 December 2004 each of the directors listed below became beneficially
interested in 25p ordinary shares of Taylor Woodrow plc set out
against his name, such shares consisting of:

Partnership Shares (purchased by the directors at a price per share of
239.75 pence) and

Matching Shares (awarded by the company in the ratio 1:1 for nil
consideration).

Name                      Partnership              Matching
Of                           Shares                    Shares
Director                   Acquired                  Awarded

P T Johnson                 625                        625

I Napier                    625                        625

These shares are registered in the name of the Plan Trustee, HSDL
Nominees Limited.

Following the acquisition and award, the directors' respective total beneficial
interests in the company's shares is:

Name                      Total
Of                        Beneficial
Director                  Interest

P T Johnson              84,549

I Napier                241,528


Richard Morbey
Group Company Secretary


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