Holding in Company

Fairey Group PLC
28 February 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

 1. Name of company


FAIREY GROUP PLC


2) Name of shareholder having a major interest

ROYAL & SUN ALLIANCE INVESTMENTS

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

THE SHAREHOLDER NAMED 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

LITTLEDOWN NOMINEES LTD 'R' A/C for PHOENIX ASSURANCE PLC 368,522

LITTLEDOWN NOMINEES LTD 'R' A/C for ROYAL & SUN ALLIANCE INSURANCE PLC

NO. 1 A/C 453,327

LITTLEDOWN NOMINEES LTD 'R' A/C for ROYAL INSURANCE GROUP PENSION SCHEME

UK EQUITIES) 271,782

LITTLEDOWN NOMINEES LTD 'R' A/C for ROYAL & SUN ALLIANCE LIFE & PENSIONS

LTD 1,608,073

LITTLEDOWN NOMINEES LTD 'R' A/C for SUN ALLIANCE & LONDON ASSURANCE CO.

LTD. 959,647

LITTLEDOWN NOMINEES LTD 'R' A/C for SAL PENSION FUND LTD 436,476

LITTLEDOWN NOMINEES LTD 'R'A/C for RSALI LIFE EQUITY FUND 65,239

LITTLEDOWN NOMINEES LTD 'R' A/C for RSALI PENSIONS EQUITY FUND 239,761


5) Number of shares/amount of stock acquired

NOT KNOWN

6) Percentage of issued class

NOT KNOWN

7) Number of shares/amount of stock disposed

NOT KNOWN

8) Percentage of issued class

NOT KNOWN


9) Class of security

ORDINARY SHARES OF 5P

10) Date of transaction

NOT KNOWN

11) Date company informed

28 FEBRUARY 2001

12) Total holding following this notification


4,402,827


13) Total percentage holding of issued class following this notification

3.94%

14) Any additional information



15) Name of contact and telephone number for queries

DELORES CAMERON 01784 470470

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

DELORES CAMERON


Date of notification 28th February 2001