Director Shareholding

Fairey Group PLC
14 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

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

THE DIRECTOR NAME IN 2 ABOVE

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 DIRECTOR NAME IN 2 ABOVE

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

LAPSE OF A MATCHING OPTION OVER 66,685 SHARES GRANTED ON 6th OCTOBER 1997
UNDER THE 1996 EXECUTIVE SHARE PLAN


GRANT OF AN OPTION UNDER THE FAIREY GROUP 1996 EXECUTIVE SHARE PLAN BY THE
TRUSTEE OF THE FAIREY GROUP plc EMPLOYEE BENEFIT 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

N/A

10) Percentage of issued class

N/A

11) Class of security

ORDINARY SHARES OF 5p

12) Price per share

N/A

13) Date of transaction

N/A

14) Date company informed

13th MARCH 2001

15) Total holding following this notification

323,294 SHARES

16) Total percentage holding of issued class following this notification

0.29%

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

17) Date of grant

13TH MARCH 2001

18) Period during which or date on which exercisable

FROM 13th MARCH 2004 TO 12th MARCH 2011

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

N/A

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

ORDINARY 90,730

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

498.5P

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

387,760

23) Any additional information

ENTITLEMENT TO EXERCISE OPTIONS IS CONDITIONAL UPON ACHIEVEMENT OF EPS GROWTH
TARGETS

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 14TH MARCH 2001 ..............