Director Shareholding

3i Group PLC
13 September 2001


              The Listing Rule - 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 
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 Michael Queen and Rod Perry (the 'Directors').

On 13 September 2001, two participants (not Directors or former Directors) 
exercised options under the Company's Management Equity Investment Plan to 
acquire from the Trust 2,072 Shares; 364 Shares at a price of £6.63 per Share 
and 1,708 Shares at a price of £nil per Share.

Each of the Directors notified 3i Group plc of the changes in his interest in 
these Shares on 13 September 2001.