RNS No 4290d
OASIS STORES PLC
1st March 1999



Letter to  Oasis Stores

                            OASIS STORES
               S198 COMPANIES ACT 1985 INTEREST IN SHARES

Robert Fleming Holdings Limited, on behalf of THE FLEMING MERCANTILE INVESTMENT
TRUST PLC, hereby notifies you that it has a beneficial interest in the share
capital of your company as detailed in the schedule attached.


Letter from  Joel Roodyn
             Group Compliance Department
             Robert Fleming Holdings Limited


              THE FLEMING MERCANTILE INVESTMENT TRUST PLC
                         OASIS STORES ORD 10P

Registered Holder

ROBERT FLEMING NOMINEES LIMITED          2,233,160

TOTAL INTEREST  4.25%                    2,233,160



END

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