Holding in Company

TBI PLC
23 August 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

TBI PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

DEUTSCHE BANK AG

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

SEE BOX 2

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

SEE BOX 2

5)   Number of shares/amount of stock acquired.

4,775,492

6)   (0.85%) of issued Class

7)   Number of shares/amount of stock disposed

-

8)   ( N/A %) of issued Class

-

9)   Class of security

ORDINARY 10P

10)  Date of transaction

UNKNOWN

11)  Date company informed

22.8.01

12)  Total holding following this notification

24,680,469
               
13)  Total percentage holding of issued class following this notification

4.41%

14)  Any additional information

SEE LETTERS BELOW

15)  Name of contact and telephone number for queries

MARY HITCHON    0207 408 7300

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification .23.08.2001.................


Letter to TBI Plc - Dated 22 August 2001


Disclosure of interests in shares

In accordance with Section 198-202 of the UK Companies Act 1985, we are writing
on behalf of Deutsche Bank AG to inform you that on the basis that the relevant
issued share capital of your company is 558,894,921 ordinary shares, Deutsche
Bank AG, London have a notifiable interest in 24,680,469 ordinary shares of TBI
Plc, amounting to 4.41%.  Part of this holding may relate to hedging
arrangements for customer transactions.

Deutsche Bank AG is a corporation domiciled in Frankfurt, Germany.

From Deutsche Bank