Director Shareholding

Fairey Group PLC
14 September 2000

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    FAIREY GROUP PLC

2)  NAME OF DIRECTOR

    JOHN WILLIAM POULTER
    PAUL VICTOR BOUGHTON
    HANS DANIEL NILSSON
    JAMES CHARLES WEBSTER
    JAMES GRAHAM ZACHARIAS

3)  Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder
    if it is a holding of that person's spouse or children under the
    age of 18 or in respect of an non-beneficial interest

    NON-BENEFICIAL INTEREST

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    THE TRUSTEE OF THE FAIREY GROUP PLC EMPLOYEE BENEFIT TRUST

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    N/A

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    TRANSFER OF SHARES TO A NON DIRECTOR OPTION HOLDER OF 1996 FAIREY GROUP 
    EMPLOYEE SHARE PLAN FOLLOWING AN EXERCISE OF OPTIONS

7)  Number of shares/amount of
    stock acquired



8)   (N/A %)
    of issued Class


9)  Number of shares/amount
    of stock disposed

    8,207

10)  (0.007%)
    of issued Class


11) Class of security

    ORDINARY SHARES OF 5p EACH

12) Price per share

    EXERCISE PRICE OF 538.5256p

13) Date of transaction

    11th SEPTEMBER 2000

14) Date company informed

    14th  SEPTEMBER 2000

15) Total holding following this notification

    1,490,370 SHARES HELD BY TRUSTEE OF FAIREY GROUP PLC EMPLOYEE BENEFIT TRUST
       45,306 SHARES HELD BY FAIREY GROUP PLC QUALIFYING EMPLOYEE SHARE 
       OWNERSHIP TRUST

16) Total percentage holding of issued class following this notification

    FAIREY GROUP PLC EMPLOYEE BENEFIT TRUST 1.33%
    FAIREY GROUP PLC QUALIFYING EMPLOYEE SHARE OWNERSHIP TRUST 0.04%

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

    Ms D CAMERON - 01784-470470

25) Name and signature of authorised company official responsible for
    making this notification

   Date of Notification        14-9-2000