RNS Number:1737L
Taylor & Francis Group PLC
15 May 2003

Taylor & Francis Group plc ("the Company")

On 14th May 2003, the Company was informed that:

Coutts & Co. and Mr SMA Banister (a connected party of Mr DJ Banister, a
director of the Company) have, as trustees of the Idwen Banister Will Trust,
sold 25,300 Ordinary Shares in Taylor & Francis Group plc, representing 0.03% of
the issued class, on 14 May 2003 at a price of 460p. This reduces their holding
to 6,912,100 Ordinary Shares, representing 8.07% of the issued class, which they
hold as trustees registered in the name of Strand Nominees Ltd.

Following this disposal of 25,300 shares, in which he had a beneficial interest,
Mr DJ Banister has a beneficial interest in 1,835,847 shares and a
non-beneficial interest in 5,078,400 shares, amounting in aggregate to 8.07% of
the issued share capital of the Company. These interests exclude the above
holding by a connected party, save for 480,075 of those shares in which Mr DJ
Banister has a beneficial interest (which are also included in his total
beneficial interest of 1,835,847 shares).


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