Purchase of Own Securities

Colefax Group PLC
20 July 2000

Colefax Group plc (the 'Company')

The Board of Colefax Group plc announces that pursuant to the passing by
shareholders of the resolution proposed at the Company's Annual General
Meeting held on 21 September 1999 authorising the company to repurchase
shares, the Company yesterday repurchased a total of 900,000 shares of 10
pence each ('Ordinary shares') in the company (the 'Buy-Back Shares') at a
price of 63 pence per share. The Buy-Back shares represent 3.37% of the
Company's existing issued share capital and will be cancelled following the
above repurchase, thereby reducing the issued share capital of the Company
to 25,779,207 Ordinary Shares.