Transaction in Own Shares

Taylor Woodrow PLC
4 May 2004

Taylor Woodrow plc

Share buyback programme

Taylor Woodrow plc ('the company') announces that on 30 April, 2004 it purchased 
658,000 of its 25p ordinary shares at prices between 285 pence per share and 
287.75 pence per share. These shares will be held as Treasury shares. 

This purchase equates to approximately 0.112 per cent of the company's total 
issued share capital.

The purchase was made by the company pursuant to the authorisation granted at 
its Annual General Meeting on 20 April, 2004, under Section 163 Companies Act 
1935.

Aggregate purchases to date pursuant to that authorisation total 1,853,000 
shares equating to approximately 0.3164 per cent of the company's total issued 
share capital.

Richard Morbey 
Group Company Secretary



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