Directors' Dealings

3I GROUP PLC
2 August 1999


THE LISTING RULES - CHAPTER 16, PARAGRAPH 16.13

As potential beneficiaries of The 3i Group Employee Trust (the 'Trust') all
employees of 3i Group plc and its subsidiaries have an interest in all the
Ordinary Shares ('Shares') of 50p each in the Company held by the Trust for the
purposes of Section 324 Companies Act 1985.  These employees include the
executive directors of 3i Group plc, Brian Larcombe, Richard Summers, Martin
Gagen, Peter Williams and Michael Queen (the 'Directors').

On 30 July 1999 the Trustee of the Trust disposed of 23,308 Shares to
participants (who are not Directors or former Directors) on the exercise by them
of options under the Company's Management Equity Investment Plan ('MEIP').  The
consideration for this transfer was nil.

Each of the Directors notified 3i Group plc of the changes in his interest in
these Shares on 2 August 1999.