RNS Number:2637Z
Oasis Stores PLC
21 February 2001



NOTIFICATIONS UNDER SECTIONS 198 TO 202 -- UK COMPANIES ACT

1. Company in which shares are held:      Oasis Stores PLC

2. Notifiable Interest:                   Ordinary Shares

           Fidelity International Limited (FIL)
           P.O. BOX HM 670
           Hamilton HMCX, Bermuda

           Parent holding company for various direct and indirect subsidiaries,
           including Fidelity Investment Services Ltd (FISL), and investment 
           managers for various non-US investment companies and institutional 
           clients. (See Schedule A for listing of Registered Shareholders and 
           their holdings).

3.     The notifiable interests also comprise the notifiable interest of:

           Mr Edward C Johnson 3d
           82 Devonshire Street
           Boston, MA 02109

           Principal shareholder of Fidelity International Limited.

4.     The notifiable interests include interest held on behalf of authorized
       unit trust schemes in the U.K. notwithstanding the exemption from 
       reporting pursuant to Section 209 (1) (e) of the Companies Act 1985.

5.     These notifications of disclosable interests constitute separate
       notifications of interest in the shares and are combined solely for 
       the purposes of clarity. Nothing herein should be taken to indicate 
       that Fidelity International Limited and its direct and indirect          
       subsidiaries, or Mr Edward C Johnson 3d act as a group or in concert in  
       respect of the disclosed interests, or that they are required to submit  
       these notifications on a joint basis.

6.     The disclosable interests arise under section 208(4) (b) of the Act,
       namely where a person, not being the registered holder, is entitled
       to exercise a right conferred by the holding of the shares or to 
       control the exercise of such rights, or under section 203 of the Act
       respectively.

SCHEDULE A

SECURITY: Oasis Stores Plc                                 


                      SHARES HELD   MANAGEMENT   NOMINEE/REGISTERED
                                     COMPANY     NAME
(Ordinary Shares)
                       1,775,800     FISL        Clydesdale Bank (Head Office)
                                                  Nominees Limited  
                         120,100     FIL         Clydesdale Bank (Head Office)
                                                  Nominees Limited

TOTAL ORDINARY SHARES: 1,895,900

CURRENT OWNERSHIP PERCENTAGE:  3.61%

SHARES IN ISSUE:       52,457,175
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