Director Shareholding

MFI Furniture Group PLC
31 March 2003

MFI FURNITURE GROUP PLC

31 MARCH 2003



DIRECTORS' SHAREHOLDINGS

We hereby notify you that we were advised on 31 March 2003 that the Trustee of
the MFI Employee Share Trust ('the Trust') acquired 60,160 MFI Furniture Group
Plc ordinary shares of 10 pence each ('the Shares') on 28 March 2003 at 1.19
pence per share in connection with the MFI Deferred Incentive Plan ('the DI
Plan') and the MFI Executive Co-Investment Plan (the 'Co-Investment Plan').

The Trustee transferred 59,124 Shares to Computershare Nominees Limited to be
held in a designated account for the purposes of the Co-Investment Plan. The
designated account is comprised of the Matching Shares and Conditional
Commitment shares of participants of the Co-Investment Plan.

In addition, the Company was notified on 31 March 2003 of the interests of the
executive director named below in the Shares under the DI Plan award being made,
such notification having been given in accordance with Section 324 of the
Companies Act 1985.

           Name               Deferred Incentive Plan
                                (number of shares)

     Gordon MacDonald                   926
      

The directors of MFI Furniture Group Plc are deemed to be interested in all of
the shares held by the trustee of the Trust as potential beneficiaries of the
Trust and in the shares held by Computershare Nominees Limited in their
respective designated accounts under the administrative arrangements for the
Co-Investment Plan.


Enquiries should be directed to:

MFI Furniture Group Plc

Gerard Hughes (Company Secretary)     020 8200 8000


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