Trading Statement

MFI Furniture Group PLC
8 November 2000

MFI FURNITURE GROUP PLC
TRADING STATEMENT FOR
44 WEEKS TO 4 NOVEMBER 2000
                                       
MFI Furniture Group announces that, for the 44 weeks to 4 November 2000, Group
sales  were  £777m, an increase of 14.7% over the same period last year.  This
result  is  based  on despatched sales, not sales orders,  in  line  with  the
Group's  more prudent sales accounting policy. The sales performance for  each
of MFI's businesses during the 44 weeks was as follows:

                                 Continuing Business
                                 Like for like  Total
                                 % increase     % increase
        UK Retail                10.9           10.9
        UK Trade                 28.4           52.7
        France(local currency)   1.0            1.7
        Group                    11.8           14.7

* The underlying performance of the main UK retail business in the second half
year to date, at 6%, compares to a first half of 15%. The 6% is an encouraging
performance, given that sales in the second half are compared against a
strengthening base in 1999, which followed the new management's implementation
of revised marketing and promotional arrangements.

* As we anticipated the market has been volatile since the summer. However,
management actions have minimised the impact on second half performance.

* We have opened two new high street locations at Clapham and Staines in
addition to the existing pilot store at Chiswick. We aim to open a further 20
high street locations during 2001. Six Hygena concessions have also opened
within Currys and we expect to have 20 trading by the end of the year. These
new formats are trading to expectation.

* Howden Joinery, our trade business, continues to make excellent progress and
trading remains buoyant. 161 depots are now trading and a further nine will be
opened by the end of the financial year.  Like for like sales are 28.4% higher
than in the same period last year with total sales increasing 52.7%.

Our  objective  this  year  has been to improve the Group's  profitability  by
focusing  on  sales  of our core products whilst delivering  cost  savings  -
principally in the areas of logistics and purchasing.

Gross  margin  in  the second half is somewhat firmer than expected,  and  the
second  half  cost reduction programme is on track. We remain  confident  that
profit for the year will be in line with market expectations.

        Contacts:                                          
                                                           
        MFI                                                
        Furniture
        Group PLC
        John      Chief Executive           020 7404 5959  (7:30am-12:00pm)
        Hancock
        Lawrence  Interim Group Finance     020 7404 5959  (7:30am-12:00pm
        Coppock   Director                  020 8913 5343  (After 1:00pm)
        _________                                          
        Brunswick                                          
        Group
        William                             020 7404 5959  
        Cullum
        Charlotte                           020 7404 5959  
        Elston