RNS Number:9725Z
Oasis Stores PLC
6 March 2001


LETTER TO: OASIS STORES PLC
LETTER DATED: FEBRUARY 27, 2001



Enclosed are amended notifications of disclosable interests under the U.K.
Companies Act 1985. Please note that while this information details the
disclosable interests of more than one entity, the enclosed disclosure
constitutes separate notifications of interest which have been combined solely
for purposes of clarity and efficiency. It is not intended to indicate that any
of these entities act as a group or in concert with respect to these interests.

These disclosures are made in the interest of conformity with the Companies Act.
The Interest detailed herein were acquired solely for investment purposes. For
disclosure purposes, holdings should be represented as Fidelity International
Limited (FIL) and its direct and indirect subsidiaries.

If you have any questions please contact Patricia Bolen at (617) 563-5507 or by
FAX at (617) 476-0363.


LETTER FROM: FIDELITY INVESTMENTS






Amendment No. 1

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.

SCHEDULE A

SECURITY: Oasis Store Plc                                Amendment No 1


                      SHARES HELD   MANAGEMENT   NOMINEE/REGISTERED
                                     COMPANY     NAME

(Ordinary Shares)                     

                        2,337,700         FISL   Clydesdale Bank (Head Office)  
                                                 Nominees Limited

                          158,200          FIL   Clydesdale Bank (Head Office)  
                                                 Nominees Limited



TOTAL ORDINARY SHARES: 2,495,900

CURRENT OWNERSHIP PERCENTAGE:  4.76%

SHARES IN ISSUE:       52,457,175

CHANGE IN HOLDINGS SINCE
 LAST FILING:          +600,000 ordinary shares
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