RNS Number:8639O
Ferraris Group PLC
20 August 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

FERRARIS GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

FRAMLINGTON 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

AS 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 NOMINEES

5)   Number of shares/amount of stock acquired.

94,211

6)   (0.001%) of issued Class

7)   Number of shares/amount of stock disposed

-

8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY 25P SHARES

10)  Date of transaction

18.08.03

11)  Date company informed

19.08.03

12)  Total holding following this notification

1,493,335
               
13)  Total percentage holding of issued class following this notification

3.00%

14)  Any additional information



15)  Name of contact and telephone number for queries

S G MILLS
0121 782 6000

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

     Date of Notification ......... 20 AUGUST 2003 ...............






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