OAS Oasis Stores

RNS No 6076k
OASIS STORES PLC
1st September 1998

Amendment No 2

NOTIFICATIONS UNDER SECTIONS 198 TO 202 - - U.K. 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 (l)(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                         Amendment No 2

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

                          596,300       FISL       Clydesdale Bank (Head Office)
                                                   Nominees Limited 
                          238,900        FIL       Lloyds Bank Plc
                        1,479,900        FIL       MSS Nominees Ltd          
                          326,050        FIL       Mineworker Pension (Client)
                                                   Nominees Ltd
 
Total Ordinary Shares   2,641,150

Current ownership 
 percentage:                5.03%

Shares in issue:       52,457,175

Change in holdings
 since last filing:      +355,550 ordinary shares


END


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