OAS Oasis Stores

RNS No 9592b
OASIS STORES PLC
11th March 1999


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), 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.

7. Inasmuch as there is no disclosable interest of 3% or greater of the share
   capital, FIL has no further reporting obligation under Sections 198 to 202 of
   the UK Companies Act.  Thsi statement speaks as of its date, and no inference
   should be drawn that no change has occurred in the facts set forth herein
   after the date hereof.



 SCHEDULE A

SECURITY: OASIS STORES PLC

                              SHARES HELD    MANAGEMENT   NOMINEE/REGISTERED
                                             COMPANY        NAME
(Ordinary Shares)

                                 688,800        FIL       CHASE NOMINEES LTD
                                 596,300       FISL       CLYDESDALE BANK (HEAD
                                                           OFFICE) NOMINEES LTD

Total Ordinary Shares          1,285,100  

Current ownership %:               2.45%

Shares in issue:              52,457,175

Change in holdings since
 last filing:                 (335,700) ordinary shares



END

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