Holding in Company

Mothercare PLC
4 January 2001

                          MOTHERCARE PLC


Mothercare plc announces that it was advised today by Franklin Resources Inc. of
a reduction in its notifiable interest.

The holding of Franklin Resources Inc amount to 5,427,974 shares or 7.67% of
Mothercare's issued share capital (previously 5,758,465 shares or 8.15%).

Registered Holder             Number of Shares

Chase Nominees Ltd            3,381,198
Deutsche                        166,666
Clydesdale Bank Plc             505,063
Northern Trust Company          548,900
State Street Nominees Limited   633,714
Midland Bank Plc                192,433
Total                         5,427,974   or   7.67%