Transaction in Own Shares

Taylor Woodrow PLC
28 April 2004


Taylor Woodrow plc

Share buyback programme

Taylor Woodrow plc ('the company') announces that on 28 April, 2004 it purchased
650,000 of its 25p ordinary shares at prices between 289.75 pence per share and
290 pence per share.   These shares will be held as Treasury shares.

This purchase equates to approximately 0.11 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 1985.

Aggregate purchases to date pursuant to that authorisation total 910,000 shares 
equating to approximately 0.155 per cent of the company's total issued share 
capital.

Richard Morbey
Group Company Secretary




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