Holding in Company

Mothercare PLC
12 January 2001


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 4,816,295 shares of 6.81% of
Mothercare's issued share capital (previously 5,427,974 shares or 7.67%).

Registered Holder                    Number of Shares

Chase Nominees Ltd                   2,769,519
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                                4,816,295 or 6.81%