RNS No 2348t
OASIS STORES PLC
9th March 1998


LETTER TO OASIS STORES PLC

OASIS STORES
S198 COMPANIES ACT 1985 INTEREST IN SHARES

Robert Fleming Holdings Limited on behalf of itself and its subsidiaries, hereby
notifies you of its interest in the share capital of your company as detailed in
the schedule below.

OASIS STORES

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

OASIS STORES ORD 10P

ELECTRA KINGSWAY MANAGERS HOLDINGS LIMITED GROUP
(DISCRETIONARY INVESTMENT MANAGER)

Registered Holder
                                                            48,000
                                                            48,000

FLEMING INVESTMENT MANAGEMENT LIMITED
(DISCRETIONARY INVESTMENT MANAGER)

Registered Holder

ROBERT FLEMING NOMINEES LIMITED                           6,093,849
                                                          6,093,849


TOTAL INTEREST 11.70%                                     6,141,849

FROM: ROBERT FLEMING HOLDINGS LIMITED

END


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