RNS No 6544u
OASIS STORES PLC
24th March 1999


LETTER TO: OASIS STORES PLC


              Disclosure of Interest in Ordinary Shares of 10p

We hereby give notice for the purposes of Part VI of the Companies Act 1985 that
today we have become aware that Aberforth Smaller Companies Trust plc has a
notifiable interest in 1,665,000 Ordinary Shares of 10p each which, based on the
information available to us, represents 3.17% of the issued share capital of the
above company.

The shares to which this notification relates are, or will be, registered as
follows:

Registered Holder                                      Number of Shares

Clydesdale Bank (Head Office) Nominees Limited            1,665,000
A/C ABERFIT1


LETTER FROM: ABERFORTH SMALLER COMPANIES TRUST PLC

END

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