RNS No 8854m
OASIS STORES PLC


NOTIFICATION UNDER SECTIONS 198 TO 202 - UK COMPANIES ACT

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

2. Notifiable Interest:  Ordinary Shares

   (A)   FMR Corp
         82 Devonshire Street
         Boston,MA 02109

         Parent holding company of Fidelity Management & Research Company
         (FMRCO), investment manager for US mututal funds. (See Schedule A
         for listing of Registered Shareholders and their holdings.)

   (B)   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 Fidelity Pension
        Management Ltd. (FPML), 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 FMR Corp. and Fidelity International Limited

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

5. These notificatins of disclosable interests constitute seperate
   notifications of interests in the shares and are combined solely for the
   purposes of clarity. Nothing herein should be taken to indicate that FMR
   Corp. and its direct and indirect subsidiaries, Fidelity International
   Limited and its direct and indirect subsidiaries of 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 shaes or to control the exercise of
   such rights, or under section 203 of the Act respectively.


SCHEDULE A

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

                           0           FMRCO       JPM Nominees Ltd
                         292,700       FPML        N.C.B. Trust Ltd
                          54,100       FIL         Clydesdale Bank (Head
                                                   Office) Nominees Ltd
                         416,200      FISL         Clydesdale Bank
                         147,400      FIL 
                         382,100      FPML          Chase Nominees Ltd
                         261,800      FIL           MSS Nominees Ltd
                         587,000      FIL           Mineworker Pension Scheme
                                                    (client) Nominees Ltd

Total Ordinary Shares  2,141,300

Current ownership
percentage                 4.08%

Shares in issue:      52,457,175

END


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