Director Shareholding

Fairey Group PLC
21 March 2001

                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

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 a
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

N/A

8) Percentage of issued class

N/A

9) Number of shares/amount
of stock disposed

7,729

10) Percentage of issued class

0.0069%

11) Class of security
ORDINARY SHARES OF 5p


12) Price per share

2.388OP 4TH DECEMBER 2000

5.2536P 5TH JANUARY 2001

5.2536P 1ST FEBRUARY 2001

2.2951P 26TH FEBRUARY 2001


13) Date of transaction

708 SHARES ON 4TH DECEMBER 2000

656 SHARES ON 5TH JANUARY 2001

1706 SHARES ON 1ST FEBRUARY 2001

4659 SHARES ON 26TH FEBRUARY 2001


14) Date company informed

21st MARCH 2001

15) Total holding following this notification

29,221 SHARES HELD BY FAIREY GROUP plc QUALIFYING EMPLOYEE SHARE OWNERSHIP
TRUST

1,920,727 SHARES HELD BY THE TRUSTEE OF FAIREY GROUP plc EMPLOYEE BENEFIT
TRUST

16) Total percentage holding of issued class following this notification

0.026% FAIREY GROUP plc QUALIFYING EMPLOYEE SHARE OWNERSHIP TRUST

1.72% FAIREY GROUP plc EMPLOYEE BENEFIT TRUST

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

DELORES CAMERON 01784 470470

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

Date of Notification.......DELORES CAMERON 21st MARCH 2001............