Transaction in Own Shs- Amend

Taylor Woodrow PLC
12 May 2004


The following replaces the Transaction In Own Shares announcement released
yesterday at 17:23 hrs under RNS No. 5596Y

The aggregate number of shares purchased to date was incorrectly stated to be
8,993,000 and should be 8,743,000

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 8,743,000
shares, equating to approximately 1.493 per cent of the company's total issued
share capital.

Richard Morbey
Group Company Secretary




                      This information is provided by RNS
            The company news service from the London Stock Exchange