Holding(s) in Company

MFI Furniture Group PLC
21 February 2003

For Immediate Release

21 February 2003



                    MFI Furniture Group plc ('the company')



Notification Under S.198 - Companies Act 1985

The Company received advice from AMVESCAP PLC on 20th February that it has an
interest in 90,045,736 Ordinary 10p shares in the Company representing 14.95% of
the issued share capital. A breakdown of the registered holders is set out
below:

Vidacos Nominees Limited                                                                      71,683,036

HSBC Nominees Limited                                                                         10,198,000

AIM Management Group Inc on behalf of itself and AIM Advisors Inc and AIM                      1,412,800
Capital Management Inc

Bank of New York Nominees Limited                                                              3,881,900

Northern Trust Nominees Limited                                                                1,562,000

Chase Nominees Limited                                                                         1,000,000

Mellon Bank Nominees Pittsburgh                                                                  308,000



The Company was advised that the above holding includes the following notifiable
holding:

INVESCO Perpetual High Income Fund holds 38,859,390 shares (6.45%), registered
in the name of Vidacos Nominees Limited.






END


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