Holding(s) in Company

MFI Furniture Group PLC
05 February 2003

For Immediate Release



                    MFI Furniture Group plc ('the company')



Notification Under S.198 - Companies Act 1985

The Company received advice from AMVESCAP PLC on 4th February that it has an
interest in 96,152,936 Ordinary 10p shares in the Company representing 15.972%
of the issued share capital. A breakdown of the registered holders is set out
below:

Vidacos Nominees Limited                                                                      75,595,036
HSBC Nominees Limited                                                                         10,198,000
AIM Management Group Inc on behalf of itself and AIM Advisors Inc and AIM                      3,160,000
Capital Management Inc
Bank of New York Nominees Limited                                                              3,881,900
Northern Trust Nominees Limited                                                                1,562,000
Chase Nominees Limited                                                                         1,448,000
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 (6.455%), registered
in the name of Vidacos Nominees Limited.






END


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