Rule 8.1-Taylor Woodrow plc
Taylor Woodrow PLC
14 May 2007
FORM 8.1
DEALINGS BY OFFERORS, OFFEREE COMPANIES OR THEIR ASSOCIATES
FOR THEMSELVES OR FOR DISCRETIONARY CLIENTS
(Rules 8.1(a) and (b)(i) of the Takeover Code)
1. KEY INFORMATION
Name of person dealing (Note 1) Mr Peter Johnson
Company dealt in Taylor Woodrow plc
Class of relevant security to which the Ordinary shares of 25 pence each
dealings being disclosed relate (Note 2)
Date of dealing 11 May 2007
2. INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE
(a) Interests and short positions (following dealing) in the class of
relevant security dealt in (Note 3)
Long Short
Number Number
(%) (%)
(1) Relevant securities 244,773 0.042%
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell 234,679 0.04%
Total 479,452 0.082%
(b) Interests and short positions in relevant securities of the company,
other than the class dealt in (Note 3)
Class of relevant security: Long Short
Number Number
(%) (%)
(1) Relevant securities
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell
Total
(c) Rights to subscribe (Note 3)
Class of relevant security: Details
3. DEALINGS (Note 4)
(a) Purchases and sales
Purchase/sale Number of securities Price per unit (Note 5)
Sale 26,899 485.9405 pence
(b) Derivatives transactions (other than options)
Product name, Long/short (Note 6) Number of securities (Note 7) Price per unit (Note 5)
e.g. CFD
(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying
Product name, Writing, selling, Number of securities Exercise Type, e.g. Expiry Option money
purchasing, to which the option American,
e.g. call option varying etc. relates (Note 7) price European etc. date paid/received per
unit (Note 5)
(ii) Exercising
Product name, e.g. call option Number of securities Exercise price per unit (Note 5)
Vesting of Taylor Woodrow Performance 65,376 Nil
Share Plan 2004 on completion of 3
year performance period
(d) Other dealings (including new securities) (Note 4)
Nature of transaction (Note 8) Details Price per unit (if applicable) (Note 5)
4. OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives
Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating
to the voting rights of any relevant securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is
referenced. If none, this should be stated.
In accordance with Rule 8.1 of the City Code, Taylor Woodrow plc ('Taylor Woodrow') announces that under the Taylor
Woodrow 2004 Performance Share Plan ('the Plan') 65,376 Taylor Woodrow shares (the 'New Shares') have vested in favour
of Peter Johnson in accordance with the performance conditions set out in the Plan. At the time of the conditional award
of the shares in 2004 Peter Johnson agreed with the Trustee of the Plan that the Trustee would sell such number of these
New Shares as was required to meet the income tax liability and National Insurance contributions triggered by the
vesting of these New Shares as well as the dealing commission incurred upon their sale.
Furthermore, and in accordance with the obligations under Rule 8.4 of the City Code, Taylor Woodrow and George Wimpey
Plc confirm that they have both given their consent to the sale of a portion of the New Shares as referenced above and
that the remaining New Shares will be subject to the terms and conditions of the irrevocable undertaking given by Peter
Johnson in connection with the proposed merger of Taylor Woodrow and George Wimpey Plc, which is disclosed in the
prospectus posted to Taylor Woodrow shareholders on 4 May 2007.
Is a Supplemental Form 8 attached? (Note 9) NO
Date of disclosure 14 May 2007
Contact name Mr Richard Morbey
Telephone number 0121 600 8540
Name of offeree/offeror with which associated Taylor Woodrow plc
Specify category and nature of associate status (Note 10) Peter Johnson is a director of Taylor Woodrow plc
Notes
The Notes on Form 8.1 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk
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