Directors' Dealings

FAIREY GROUP PLC


                            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 Director named in 2 above
     or 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)

     FAIREY GROUP QUEST TRUSTEE LIMITED AS 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 OF THE FAIREY GROUP
     SAVINGS RELATED SHARE OPTION SCHEMES PURSUANT TO THE EXERCISE OF OPTIONS

7)   Number of shares/amount of
     stock acquired

N/A

8)   ( N/A %)
    of issued Class

9)   Number of shares/amount
     of stock disposed

      18,785

10)  (0.02%)
    of issued Class

11)  Class of security

     ORDINARY SHARES OF 5p EACH

12)  Price per share
     (Exercise Price)

     17,988 - 228.137P
        338 - 235.46P
        459 - 245P

13)  Date of transaction

      17,988 - 7.6.99, 338-7.6.99, 459-16.8.99
      REPRESENTING TRANSACTIONS BY THE TRUSTEE IN PERIOD
      1 JUNE 1999 TO 30 SEPTEMBER 1999

14)  Date company informed

     4 OCTOBER 1999

15)  Total holding following this notification

     TOTAL NON BENEFICIAL INTEREST COMPRISES:

     1,308,600 SHARES HELD BY TRUSTEE OF FAIREY GROUP PLC EMPLOYEE BENEFIT TRUST
        37,866 SHARES HELD BY TRUSTEE OF FAIREY GROUP PLC QUALIFYING EMPLOYEE
               SHARE OWNERSHIP TRUST

16)  Total percentage holding of issued class following 
     this notification      

     FAIREY GROUP PLC EMPLOYEE BENEFIT TRUST 1.37%
     FAIREY GROUP PLC QUALIFYING EMPLOYEE SHARE OWNERSHIP TRUST 0.04%

      IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE COMPLETE 
                              THE FOLLOWING BOXES

17)  Date of grant

N/A

18)  Period during which or date on which exercisable

N/A

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

N/A

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

N/A

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

N/A

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

N/A

23)  Any additional information

N/A

24)  Name of contact and telephone number for queries

     C STOPP 01784 470470

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

     Date of Notification....4 OCTOBER 1999..............