Director Shareholding

Fairey Group PLC
7 December 2000

                                 SCHEDULE 11

             NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED

                                   PERSONS


All relevant boxes should be completed in block capital letters.
1 Name of Company                       2 Name of Director


FAIREY GROUP plc                        PAUL VICTOR BOUGHTON



3 Please state whether notification     4 Name of registered holder(s) and, if
indicates that it is in respect of      more than one holder, the number of
holding of the director named in 2      shares held by each of them (if
above or holding of that person's       notified).
spouse or children under the age of 18
or in respect of a non-beneficial
interest

                                        PAUL VICTOR BOUGHTON (1,421 SHARES)
PAUL VICTOR BOUGHTON (1,421 SHARES)
                                        PAULINE MARY BOUGHTON (1,421 SHARES)
PAULINE M BOUGHTON (SPOUSE) (1,421
SHARES)

5 Please state whether notification     6 Please state the nature of the
relates to a person(s) connected with   transaction. For PEP transactions
the director named in 2 above and       please indicate whether general/single
identify the connected person(s)        co PEP and if discretionary/non
                                        discretionary.

PAUL VICTOR BOUGHTON
                                        SALE OF SHARES AND REPURCHASE OF SHARES
PAULINE MARY BOUGHTON                   INTO ISA BY DIRECTOR AND SPOUSE

7 Number of shares /    8 Percentage of 9 Number of shares /    10 Percentage
amount of stock         issued class    amount of stock         of issued class
acquired                                disposed

                            0.0025%
           2,842                                 2,842
                                                                    0.0025%

11 Class of Security    12 Price per    13 Date of Transactions 14 Date Company
                        share                                   informed

ORDINARY SHARES OF 5P                   7th DECEMBER 2000
EACH                    SOLD AT 485P                             7th DECEMBER
                                                                     2000
                        BOUGHT AT 487P

15 Total holding following this         16 Total percentage holding of issued
notification                            class following this notification.

                                        0.02%
                24,524



If a director has been granted options by the company please complete the
following boxes.

                                          18 Period during which or date on
    17 Date of Grant                      which exercisable


19 Total amount paid (if any) for grant   20 Description of shares or
of the option                             debentures involved: class, number


21 Exercise price (if fixed at time of    22 Total number of shares or
grant) or indication that price is to be  debentures over which options held
fixed at time of exercise.                following this notification


                                          245,530

                                          24 Name of contact and telephone
    23 Any additional information         number for queries


                                          Ms D Cameron 01784 470470
25 Name and signature of authorised company official responsible for making
this notification




Date of Notification                7th DECEMBER 2000