The photoelectric light curves of TW Dra obtained by Baglow (1952) and by Walter (1978) have been re-analysed by means of Wood's (1972) model in order to obtain accurate photometric elements. Significantly different elements have resulted from the two sets of observations, but more confidence can be given to the elements deduced from Walter's (1978) data. Radii and luminosities have been computed with the aid of Popper's (1978) new values for masses.