Director Shareholding

Fairey Group PLC
16 October 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

    ACQUISITION OF NON-BENEFICIAL INTEREST IN SHARES HELD BY FAIREY GROUP PLC   
    EMPLOYEE BENEFIT TRUST OF WHICH THE DIRECTORS ARE AMONGST THE CLASS OF      
    BENEFICIARIES

7)  Number of shares/amount of
    stock acquired

    422,150

8)   (0.37%)
    of issued Class


9)  Number of shares/amount
    of stock disposed



10)  ( N/A %)
    of issued Class


11) Class of security

    ORDINARY SHARES OF 5P EACH

12) Price per share

    £5.25 6TH  OCTOBER 2000
    £5.30 9TH  OCTOBER 2000
    £5.32 10TH OCTOBER 2000
    £5.40 11TH OCTOBER 2000
    £5.50 12TH OCTOBER 2000
    £5.48 13TH OCTOBER 2000

13) Date of transaction

     24,000 ON 6TH  OCTOBER 2000
     50,000 ON 9TH  OCTOBER 2000
     25,000 ON 10TH OCTOBER 2000
     75,000 ON 11TH OCTOBER 2000
    100,000 ON 12TH OCTOBER 2000
    148,150 ON 13TH OCTOBER 2000

14) Date company informed

    16TH OCTOBER 2000

15) Total holding following this notification

    TOTAL      NON-BENEFICIAL      INTEREST
    COMPRISES
    1,920,727 SHARES HELD BY TRUSTEE OF FAIREY
    GROUP PLC EMPLOYEE BENEFIT TRUST
    30,662 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 1.71%
    FAIREY GROUP PLC QUALIFYING EMPLOYEE SHARE
    OWNERSHIP TRUST 0.02%

     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   16 OCTOBER 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 QUALIFYING
    EMPLOYEE SHARE OWNERSHIP 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 NON-DIRECTOR OPTION HOLDERS FROM THE FAIREY GROUP PLC 
    QUALIFYING EMPLOYEE SHARE OWNERSHIP TRUST

7)  Number of shares/amount of
    stock acquired

    

8)   (N/A %)
    of issued Class


9)  Number of shares/amount
    of stock disposed

    14,917

10)  (0.01%)
    of issued Class


11) Class of security

    ORDINARY SHARES OF 5P EACH

12) Price per share

    £2.3546  4TH JULY 2000
    £2.2957 21ST JULY 2000
    £2.2957 26TH JULY 2000
    £2.2957 15TH AUGUST 2000
    £2.2957 8 SEPTEMBER 2000
    £2.3880 14 SEPTEMBER 2000

13) Date of transaction

    3,398 - 4TH JULY 2000
    1,740 - 21ST JULY 2000
      690 - 26TH JULY 2000
    7,661 - 15TH AUGUST 2000
    1,260 - 8TH SEPTEMBER 2000
      168 - 14TH SEPTEMBER 2000

14) Date company informed

    16TH OCTOBER 2000

15) Total holding following this notification

    1,473,958 SHARES HELD BY TRUSTEE OF FAIREY
    GROUP PLC EMPLOYEE BENEFIT TRUST
    30,662 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 1.32%
    FAIREY GROUP PLC QUALIFYING EMPLOYEE SHARE
    OWNERSHIP TRUST 0.02%

     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   16 OCTOBER 2000