Directorate Change

Taylor Woodrow PLC 29 July 2003 Taylor Woodrow appoints new chairman 29th July 2003: Taylor Woodrow, the international housing and development company, is pleased to announce the appointment today of Norman Askew as non-executive chairman and a non-executive director of the company. Mr Askew brings a wealth of experience to the role, which has included 25 years with the TI Group, where he held a number of divisional managing director positions, including TI Aerospace. His career has also encompassed; East Midlands Electricity, where he was chief executive, Virginia Power, USA, where he was president and chief executive, and with BNFL plc, where he served as chief executive from 2000 until July 2003. Mr Askew's other current appointments are as deputy chairman and chairman-designate of Kidde plc and chairman of the Manchester Science Enterprise Centre. He is also chairman-designate of the Company Limited by Guarantee, which will act as the vehicle for the merger of the Universities of Manchester and Manchester University of Science & Technology (UMIST) which will be completed in September 2004 when Mr Askew will chair the new University. Commenting on Mr Askew's appointment, Iain Napier, Taylor Woodrow's chief executive said: 'We are fortunate to have secured the services of Norman Askew as Chairman and I am confident that the board and the company will benefit from his contribution.' Mr Askew added: 'I am delighted to be joining the Taylor Woodrow team, which I hold in high regard and look forward to making a positive contribution to the company's progress in the years ahead.' Norman Broadhurst, who has been serving as acting chairman since 29th May 2003, pending the appointment of the chairman, will continue as deputy chairman. In connection with the appointment of Norman Askew as a Director of Taylor Woodrow plc on 29th July 2003, Taylor Woodrow plc confirms that there are no details requiring disclosure under paragraphs 6.F.2 (b) to (g) of the Listing Rules of the Financial Services Authority. - ends - Notes to Editors: Taylor Woodrow plc is an international housing and development company operating out of the UK, North America and Spain. The company is listed on the London Stock Exchange and in the year ending 31 December 2002 turnover increased to £2.2 billion. The company's vision is to be the leading developer of living and working environments in the UK and other chosen markets. For further press information please contact: Louise Ellis 0121 600 8522 / 07816 516516 Taylor Woodrow Corporate Communications Jonathan Murrin 0121 600 8521 / 07816 518718 Taylor Woodrow Investor Relations Peter Otero 020 7269 7103 / 07979 537408 Financial Dynamics This information is provided by RNS The company news service from the London Stock Exchange
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