Holding in Company

MFI Furniture Group PLC
3 August 2000


MFI Furniture Group plc ('the Company')

The Board of MFI received notification on 26 July 2000, pursuant to sections
198-202 of the Companies Act 1985, that Schroder Investment Management
Limited, together with its subsidiary and affiliated companies has ceased to
have a notifiable interest in shares of 10p in the Company.

Enquiries:

Hamish Thomson 
Company Secretary
Tel: [phone]