Holding in Company

Carphone Warehouse Group PLC
8 August 2001


                 The Carphone Warehouse Group PLC ('Company')

                              Interest in Shares


The Company received notice on 8th August 2001 that on the 3rd August 2001
Morgan Stanley Securities Limited ('MSSL') disposed of its interest in certain
of its shares in the capital of the Company resulting in MSSL no longer having
a notifiable interest in the Company's shares in accordance with Section 198
of the Companies Act 1985.




Further information:

Tim Morris

Tristia Clarke                         020 8896 5573

www.carphonewarehouse.com