Transaction in Own Shs-Amend

Taylor Woodrow PLC
11 May 2004


The following replaces the Transaction In Own Shares announcement released today
at 17:01 hrs under RNS No. 5568Y

The number of shares purchased was incorrectly stated to be 1,500,000 and should
be 1,750,000

The full replacement announcement appears below


Taylor Woodrow plc

Share buyback programme Taylor Woodrow plc ('the company') announces that on 11
May, 2004 it purchased 1,750,000 of its 25p ordinary shares at prices between
268.5 pence per share and 270.25 pence per share. These shares will be held as
Treasury shares.

This purchase equates to approximately 0.299 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 8,993,000
shares, equating to approximately 1.535 per cent of the company's total issued
share capital.

Richard Morbey
Group Company Secretary


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