Holding(s) in Company

MFI Furniture Group PLC
23 December 2002

FOR IMMEDIATE RELEASE

23 DECEMBER 2002



                    MFI Furniture Group Plc (the 'Company')


The Company received notification on 19 December from Deutsche Bank AG that it
has an interest in 73,526,049 ordinary shares in this Company representing 12.2%
of the issued share capital of the Company.


A breakdown of the registered holders is set out below

Held as Principal                                             No. of Shares

Deutsche Bank AG Frankfurt                                    64,982
Deutsche Bank AG London                                       8,010,258

Held in Client Portfolios

Morgan Nominees Limited                                       28,901,263
Morgan Nominees Limited a/c CSL                               142,867
Morgan Nominees Limited a/c DGR                               608,311
Morgan Nominees Limited a/c MER                               86,900
Morgan Nominees Limited a/c SL                                146,000
Bank of New York Nominees                                     2,928,118
Chase Nominees                                                10,190,528
Clydesdale Bank Custodian Nominees                            570,000
Deutsche Bank International Limited                           340,900
HSBC Global Custody Nominees (UK) Ltd                         2,719,725
Lloyds Bank Nominees                                          20,500
Lothian Regional Council                                      1,096,993
Nortrust Nominees Ltd                                         9,805,585
Perry Nominees                                                160,509
State Street Nominees                                         7,445,125
Vidacos Nominees Limited                                      287,485
Total                                                         73,526,049

END


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