OAS Oasis Stores

RNS Number:5301M
Oasis Stores PLC
20 June 2000

Oasis Stores Plc              020 7452 1000
Derek Lovelock
Dominic Lavelle

Financial Dynamics            020 7831 3113
Tom Baldock


                               OASIS STORES PLC
                                 AGM Statement

As I anticipated in my year end statement in April, the retail environment in
the current year has proved to be demanding. However, trading in the first 20
weeks of the year has been in line with our expectations, with Oasis like-for-
like sales up 1% and total sales up 9%.

Coast continues to make gradual progress.  Like-for-like sales were down 2%
but total sales up 1%.

The Oasis offering continues to be well received by our customers and good
progress is being made in achieving greater operational efficiencies and
closer control of costs. We remain confident that the Company will achieve a
performance for the full year that is in line with current market
expectations.


END

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