Statement re Possible Offer

Taylor Woodrow PLC
11 January 2001

                                       
 Not for release, publication or distribution in or into the United States of
                      America, Canada, Australia or Japan



                              Taylor Woodrow plc
                      Possible offer for Bryant Group plc


The Board of Taylor Woodrow plc ('Taylor Woodrow') announces that it has
approached the Board of Bryant Group plc ('Bryant') with a view to agreeing
terms of a recommended offer by Taylor Woodrow for Bryant.  Any such offer
would be at a significant premium to the current share price of Bryant and the
consideration would comprise a mix of new Taylor Woodrow shares and in excess
of 20 per cent. cash.

The offer for Bryant by Taylor Woodrow is subject to a number of pre-
conditions, notably recommendation of the offer by the Board of Bryant,
limited due diligence (the outcome of which is to Taylor Woodrow's
satisfaction) and the offer by Bryant for Beazer Group Plc announced on 14th
December, 2000 not being completed. Taylor Woodrow is seeking discussions with
Bryant in order to satisfy its due diligence requirements.  The pre-conditions
can be waived at the discretion of the Board of Taylor Woodrow.  There can be
no certainty that any such offer will be made even if the pre-conditions are
met.

Pending clarification of Taylor Woodrow's position, shareholders in Bryant may
wish to vote against the Bryant/Beazer merger at the Bryant EGM to be held on
15th January, 2001 or vote for the meeting to be adjourned.


Enquiries:

Tony McGarahan, Director of Corporate Relations,      020 7638 9571
Taylor Woodrow plc
on 11th January, 2001 at Citigate Dewe Rogerson  
                                       or mobile      [phone]
                                                 
Martin Jackson, Citigate Dewe Rogerson                020 7638 9571



ABN AMRO Corporate Finance Limited, which is regulated in the United Kingdom
by The Securities and Futures Authority Limited, is acting for Taylor Woodrow
and no-one else in connection with the offer and will not be responsible to
anyone other than Taylor Woodrow for providing the protections afforded to
customers of ABN AMRO Corporate Finance Limited or for giving advice in
relation to the offer.


ABN AMRO Corporate Finance Limited has authorised the issue of this
announcement solely for the purposes of section 57 of the Financial Services
Act 1986.

This announcement does not constitute an offer or an invitation to purchase
any securities.