RNS Number:2467O
Ferraris Group PLC
1 August 2003

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY
FERRARIS GROUP PLC


2)  NAME OF DIRECTOR
BRUCE BLESSINGTON


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 an non-beneficial interest
IN RESPECT OF 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)
BRUCE BLESSINGTON


5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)



6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary
SHARE ALLOTMENT FOLLOWING ACQUISITION


7)  Number of shares/amount of
    stock acquired
562,649


8)   (1.13 %)
    of issued Class



9)  Number of shares/amount
    of stock disposed
 -


10)  ( - %)
    of issued Class



11) Class of security
25P ORDINARY SHARES


12) Price per share
96P


13) Date of transaction
9 JULY 2003


14) Date company informed
9 JULY 2003


15) Total holding following this notification
562,649


16) Total percentage holding of issued class following this notification
1.13%


     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
S G DIGHTON 0121 782 6000


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

    Date of Notification                                 
31 JULY 2003


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

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