Holding(s) in Company

MFI Furniture Group PLC
21 January 2003

For Immediate Release


                    MFI Furniture Group plc ('the company')

Notification Under S.198 - Companies Act 1985

The Company received advice from AMVESCAP PLC today that it has an interest in
96,405,936 Ordinary 10p shares in the Company representing 16.01% of the issued
share capital. A breakdown of the registered holders is set out below:

Vidacos Nominees Limited                                           76,788,036

HSBC Nominees Limited                                              10,198,000

AIM Management Group Inc on behalf of itself and 
AIM Advisors Inc and AIM                                            3,160,000

Capital Management Inc

Bank of New York Nominees Limited                                   3,881,900

Northern Trust Nominees Limited                                     1,562,000

Chase Nominees Limited                                                508,000

Mellon Bank Nominees Pittsburgh                                       308,000


The Company was advised that the above holding includes the following notifiable
holding:

INVESCO Perpetual High Income Fund holds 39,109,390 shares (6.49%), registered
in the name of Vidacos Nominees Limited.

END


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