RNS No 2223q
OASIS STORES PLC
3rd February 1999


LETTER TO: OASIS STORES PLC
S198 COMPANIES ACT 1985 INTEREST IN SHARES

Robert Fleming Holdings Limited, on behalf of THE FLEMING MERCANTILE INVESTMENT
TRUST PLC, herby notifies you that it has a beneficial interest in the share
capital of your company as detailed in the schedule below.

LETTER FROM: ROBERT FLEMINGS HOLDINGS LIMITED


OASIS STORES ORD 10p

Registered Holder

ROBERT FLEMING NOMINEES LIMITED         3,733,160

TOTAL INTEREST 7.11%                    3,733,160
                                        =========

LETTER TO: OASIS STORES PLC
S198 COMPANIES ACT 1985 INTEREST IN SHARES

Robert Fleming Holdings Limited on behalf of itself and its subsidiaries,
hereby notifies you that it no longer has a notifiable interest in the share
capital of your company.

Robert Fleming Holdings Limited's interest comprises the interest of the
following subsidiaries:

TOTAL INTEREST 7.51%          3,941,160
                              =========

LETTER FROM:  ROBERT FLEMING HOLDINGS PLC

END

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