Rule 8 - Oasis Stores PLC

RNS Number:5672C
SG Securities (Lon.) Limited
24 April 2001


FORM 8.1/8.3 Disclosure

Lodge with Company Announcements Office (which will publicise and copy to the
Panel).Use separate form for each class of securities in which dealings have
been made.

Date of disclosure       24-04-2001

DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) AND 8.3 OF THE CITY CODE ON TAKEOVERS
AND MERGERS

Date of dealing:         18-04-2001  
                                           

Dealing in:             Oasis Stores Plc


(1) Class of securities (eg ordinary share)   Ordinary   

*Grant of Options under the Oasis Stores Executive share option schemes
:18-04-2001

(2)    Options Granted           Amount sold       Exercise Price             
          
       63830                                       0.80                       
                                      
                            
       
(3) Resultant total of the same class owned or controlled
(and percentage of class)    78,830    (0.15%)


(4) Party make disclosure  SG Securities (London) Ltd


(5)       EITHER       (a)       Name of purchaser/vendor (Note 1)    
          OR           (b)       If dealing for discretionary client(s), name 
                                 of fund management organisation

                       (a)       R Glandville (Director of Oasis Stores)

(6) Reason for disclosure (Note 2)
(a)                          (i)        offeror company               NO
                             (ii)       offeree company               YES


Specify which category or categories of association (1-8 overleaf) 
......... 3 ........................................................

If category (8), explain

(b) Rule 8.3 (ie disclosure because of ownership or control of 1% or more of 
the class of relevant securities dealt in)                                    
                                                               NO
David Mourdaunt

Telephone and extension number        020 7522 1057