Holding(s) in Company

Colefax Group PLC
09 September 2002

                               Colefax Group plc

                            Notification of interest


The Company received notification on 9 September 2002 from Discretionary Unit
Fund Managers Limited that as a result of share buybacks by the Company, funds
managed by Discretionary Unit Fund Managers Limited have the following interests
in the Company:


                                                                     Shares Held                   %

Discretionary Unit Fund                                                  900,000               4.34%

Rights & Issues Investment Trust Plc                                   2,100,000              10.12%

Total                                                                  3,000,000              14.46%


Both funds are registered under Clydesdale Nominees.


9 September 2002


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