Holding in Company

Taylor Woodrow PLC
1 June 2001

                                 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 LIMITED & SCHRODERS plc


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


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

Schroder Nominees Limited 21,736,589

Chase Nominees Limited 10,444,937

Registered or to be registered in name of:

    BT Globenet Nominees Limited a/c: 6B                              4,012,900


    Chase Nominees Limited                                            6,509,430


    Chase Nominees Limited FO2391                                     1,057,051


    Pictet & Cie                                                        544,260


    Morgan Nominees Ltd 'A' a/c                                          14,205


    Morgan Nominees Ltd 'B' a/c                                         406,665


    MSS Nominees Limited a/c: 756593                                    137,818


    MSS Nominees Limited a/c: 766653                                    755,000


    MSS Nominees Limited a/c: 831286                                  2,894,800


    MSS Nominees Limited a/c: 809797                                    475,333


    Nortrust Nominees Limited                                         5,182,140


    Nutraco Nominees Limited                                            412,950


    RBSTB Nominees Ltd a/c: ESPSBEB                                     414,000


    RBSTB Nominees Ltd a/c: AAUKPS                                      229,600


    RBSTB Nominees Ltd a/c: ECC                                         729,000


    Schroder Executor & Trustee Co Limited                              650,000


    Morgan Nominees Ltda/c: GRL - Crest ID-AG01                         436,000


    Nortrust Nominees Limited a/c SRC13                                 119,000


    Nutraco Nominees Limited a/c GWPPCIF                                588,455


    Nutraco Nominees Limited a/c GWPPMPS                                123,215


    State Street Nominee Limited                                        312,000


    Chase Manhattan Bank                                                651,700


    British Coal Staff Superannuation a/c:P                           1,788,000


    Mineworkers Pension Scheme a/c: R                                   829,000


    Mellon Trust                                                        400,000



    Sub total:                                                       29,672,522




Further holding, managed by Schroder Investment Management
North America Inc. 200,000

Managed by Schroder Hermes and registered or to be registered in name of
Chase Nominees Ltd 837,845

Final Total 62,891,893



5) Number of shares/amount of stock acquired

N/a


6) Percentage of issued class

N/a


7) Number of shares/amount of stock disposed

Not advised

8) Percentage of issued class

N/a



9) Class of security

25p ordinary shares


10) Date of transaction

Not advised

11) Date company informed

1 June 2001


12) Total holding following this notification

62,891,893


13) Total percentage holding of issued class following this notification

10.835%

14) Any additional information

No

15) Name of contact and telephone number for queries

Michael Lonnon

01784 428748


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

Richard Morbey


Date of notification 1 June 2001