Holding in Company

Fairey Group PLC
15 March 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

FAIREY GROUP PLC

2) Name of shareholder having a major interest

LEGAL & GENERAL INVESTMENT MANAGEMENT LIMITED

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

HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 886603, 438,876

HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 775245, 536,288

HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 360509, 57,000

HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 357206, 2,190,319

HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 130007, 130,000

HSBC GLOBAL CUSTODY NOMINEE (UK) LTD A/C 866203, 85,833

TOTAL 3,438,316 SHARES

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

14TH MARCH 2001

12) Total holding following this notification

3,438,316


13) Total percentage holding of issued class following this notification

3.07%

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

Date of notification ...DELORES CAMERON 15TH MARCH 2001.....