RNS Number:2677L
Ferraris Group PLC
19 May 2003

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY
FERRARIS GROUP PLC


2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST
EAGLET INVESTMENT TRUST PLC


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
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.
HSBC GLOBAL CUSTODY NOMINEES LTD
ACCOUNT DESIGNATE EAGLET


5)   Number of shares/amount of stock acquired.
 -


6)   ( - %) of issued Class

7)   Number of shares/amount of stock disposed
712,870


8)   ( 2.34 %) of issued Class

9)   Class of security
ORDINARY 25P SHARES


10)  Date of transaction
15/5/03


11)  Date company informed
16/5/03


12)  Total holding following this notification
1,538,802

               
13)  Total percentage holding of issued class following this notification
5.06%


14)  Any additional information
 -


15)  Name of contact and telephone number for queries
S G DIGHTON
0121 782 6000

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

     Date of Notification       19 MAY 2003


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

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