Analyst Visit &Trading Update

MFI Furniture Group PLC 11 May 2001 MFI Furniture Group plc Analyst Visit & Trading Update Visit to Speke On Friday, 11th May, MFI, the UK's leading retailer and manufacturer of kitchens and bedrooms will host a visit to its new store in Speke for analysts and institutional investors. At MFI's presentation to investors and analysts at Speke near Liverpool, Mark Horgan, Customer and Strategy Director, will explain the rationale behind the new store design and discuss its performance. Using the principles developed at Speke, a further four stores have recently been opened. Their performance is encouraging and will provide additional information to support a continuing rollout of this format. Commenting on the new store, Mr Horgan said: 'Speke is a major step forward for MFI, we are pleased with reactions from both customers and staff.' Current Trading During the visit to Speke, CEO, John Hancock will offer this update on current trading. 'When we last spoke to the market at the time of our preliminary results on 19th March, we indicated that total like for like orders for the start of the new financial year were up by 6.4%. I am pleased to report that in the first 18 weeks of the current financial year, orders continue to be strong and in line with expectations.' Interim results for the 24 weeks to 16th June 2001 will be published on 26th July. For further information please see our website www.mfi.co.uk Contacts: MFI Furniture Group Plc John Hancock, Chief Executive 020 8913 5319 Martin Clifford-King, Finance Director 020 8913 5350 Brunswick Group Limited William Cullum 07974 982532 Charlotte Elston 07974 982463
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