Notice of Trading Update

Taylor Woodrow PLC
9 January 2002


                              TAYLOR WOODROW plc

                           Notice of Trading Update

Taylor Woodrow plc will be announcing a trading update for the year ended 31st
December 2001 on Thursday, 10th January 2002.



                                     Ends

Enquiries:

Jonathan Murrin                                     01784 428718
Taylor Woodrow plc

Scott Fulton/Peter Otero                            020 7831 3113
Financial Dynamics