RNS Number:4771B
Debenhams PLC
25 November 1999


SECTION 198 - COMPANIES ACT 1985 - DISCLOSURE OF INTEREST
IN SHARES

Notification has been received today that subsidiaries of
Merrill Lynch & Co. Inc (including companies within the
Mercury Asset Management Group) have a notifiable
interest in 39,263,832 ordinary shares of 10p each in the
Company, being 10.39% of the Company's issued share
capital.

The shares are registered as follows:-
NUTRACO NOMINEES LIMITED                 36,957,122
  (DESIGNATED & UNDESIGNATED)
MERCURY LIFE NOMINEES LIMITED                16,705
  A/C NONCERT
OTHER NAME(S)                             2,290,005

TOTAL                                    39,263,832

For further information contact:

John Hodges - 0171 408 3181

Name of authorised company official responsible for
 making
this notification:

John Hodges - Deputy Company Secretary

                            
Debenhams plc.  Registered in England.  Company No. 3430071
Registered Office: 1 Welbeck Street, London W1A 1DF


END
HOLNFKFSALANFFN


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