Holding in Company

Colefax Group PLC
22 August 2001


                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

Colefax Group plc

2)   Name of shareholder having a major interest

Discretionary Unit Fund Managers Limited

3)   Please state whether notification indicates that it is in respect of
     holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

-


4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

Clydesdale Nominees

5)   Number of shares/amount of stock acquired

25,000

6)   Percentage of issued class

0.10%

7)   Number of shares/amount of stock disposed

-

8)   Percentage of issued class

-

9)   Class of security

Ordinary shares

10)  Date of transaction

15 August 2001

11)  Date company informed

21 August 2001

12)  Total holding following this notification

Discretionary Unit Fund                 875,000

Rights & Issues Investment Trust plc  2,100,000



Total                                 2,975,000


13)  Total percentage holding of issued class following this notification

Discretionary Unit Fund               3.60%

Rights & Issues Investment Trust plc  8.65%



Total                                12.25%

14)  Any additional information

-

15)  Name of contact and telephone number for queries

R. Barker - 020 7318 6000

16)  Name and signature of authorised company official responsible for
     making this notification

     Date of notification 22 August 2001