Holding(s) in Company

MFI Furniture Group PLC
21 March 2002

21 March 2002

For Immediate Release



                    MFI Furniture Group plc ('the company')



Notification Under S.198-202 UK Companies Act

A notice has been received from Fidelity Management & Research on behalf of
itself and its subsidiary companies and Fidelity International Ltd and its
direct and indirect subsidiary companies and their principal shareholder, Mr
Edward C. Johnson.

The Notice states that the above-mentioned companies hold a total of 17,645,237
ordinary shares of 10p each in MFI Furniture Group PLC on behalf of various
investment companies and institutional clients. The interests were acquired
solely for investment purposes and are held non-beneficially. They are
registered as follows:

State Street Nominees Ltd                                       55,600
Brown Brothers Harriman                                         15,000
Chase Nominees Limited                                      10,238,223
RBS Trust Bank                                                 598,900
Nortrust Nominees Ltd                                          101,000
BT Globenet Nominees Ltd                                        56,000
Citibank                                                        98,300
Bank of New York Europe                                        281,023
Chase Nominees Ltd                                              78,400
State Street Bank & Trust                                    1,016,300
Bankers Trust                                                  863,470
HSBC Client Holdings Nominee (UK) Limited                        4,233
Northern Trust                                               1,483,230
RBS Trust Bank                                               1,475,250
Citibank                                                        76,000
Bank of New York Europe                                        220,912
Mellon Trust                                                   345,520
Nortrust Nominees ltd                                          286,850
JP Morgan                                                      232,730
KAS Associatie                                                 108,980
JP Morgan                                                        9,316

Total Ordinary Shares:
                                               
Current Ownership Percentage:                                    2.95%

Shares in issue:                                           598,841,799

Change in holdings since last filing: Ordinary Shares        5,254,000

The total number of shares which are the subject of the notice represent 2.95%
of the issued share capital of the Company. The notice was received on 21 March
2002. The disclosable interest is stated as arising under section 208 (4) (b) or
section 203 of the Act.

Gerard Hughes Company Secretary 020 8200 8000



END





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