Holding in Company

MFI Furniture Group PLC
2 February 2001

FOR IMMEDIATE RELEASE


2 February 2001


                                   MFI PLC

The Company received notification on 1 February 2001 that, following a series
of recent transactions, the notifiable interest of Fidelity Investments is now
43,316,720 ordinary shares of 10p each in the Company representing 7.28% of
the issued share capital.


ENDS