Holding in Company

Colefax Group PLC
5 November 2001



                           COLEFAX GROUP ('Company')
                              Holding in Company

J P Morgan Securities Limited, on behalf of The Fleming Mercantile Investment
Trust Plc, has notified the Company that it has a beneficial interest in the
share capital of the Company as detailed below:


Registered Holder

The Fleming Mercantile Investment Trust Plc             1,650.000

TOTAL INTEREST                                               6.93%


END