Holding in Company

MFI Furniture Group PLC
17 January 2001

FOR IMMEDIATE RELEASE

17 JANUARY 2001





                             MFI ('the Company')

           Notification Under section 198-202 UK Companies Act 1985


MFI Furniture has received notification that as at 12 January 2001, CGNU plc
has a notifiable interest in the 10 p ordinary shares of the Company
representing 2.68% of the issued share capital of the Company.


END