Director Shareholding

MFI Furniture Group PLC
13 August 2003


To the Company Announcements Office

13 August 2003


                         MFI Furniture Group Plc ('the Company')
  
                    Notification of Interests of Directors


We advise that on 13 August 2003 three of the executive directors of the Company
increased the number of the shares they hold beneficially in the Company
following the completion of the transactions set out below as follows:

Name                    Shares held         Shares held          Total percentage of
                        beneficially prior  beneficially after   shares held in the
                        to the transactions the transactions as  Company following
                        as at 12 August     at 13 August 2003    this notification
                        2003
Matthew Ingle                 330,817             500,000                0.081

Mark Horgan                   181,636             253,064                0.041

Gordon MacDonald              64,756              136,184                0.022



The transactions

1.     We advise that options granted on 27 September 1999 to certain executive
directors under the MFI Furniture Group Plc Executive Share Option Scheme vested
on 28 February 2002 and that on 13 August 2003 the executive directors listed
below exercised their options subject to this award as follows:

Name                     Option exercised @  Shares sold on 13    Shares retained
                         42p per share       August 2003 @ 171p
                                             per share
Mark Horgan                    71,428                nil                  71,428

Gordon MacDonald               714,200             642,772                71,428


2.     We advise that option awards granted on 19 May and 8 June 2000 to certain
executive directors under the MFI Furniture Group Plc 2000 Share Option Plan
Portfolio have vested following satisfaction of a performance target measured
over a three-year period to 31 December 2002 of Earnings Per Share growth being
in excess of 150%. These options are exercisable for a period of seven years
ending on 18 May 2010. We further advise that on 13 August 2003 the executive
directors listed below exercised their options subject to this award as follows:

Name                     Option exercised @  Option exercised @  Shares sold on 13    Shares retained
                          68.25p per share     64.1p per share     August 2003 @
                                                                  171p per share
Mark Horgan                   996,337                 -               996,337               nil

Matthew Ingle                1,149,978                -               980,795             169,183
                                                   23,619             23,619                nil


Enquiries should be directed to:

Gerard Hughes, Company Secretary:     020 8913 5313

Katya Reiner, Brunswick Group Ltd:    020 7404 5959


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