Holding in Company

TBI PLC
14 September 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.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

UNKNOWN

8)   ( N/A %) of issued Class

UNKNOWN

9)   Class of security

ORDINARY 10P

10)  Date of transaction

UNKNOWN

11)  Date company informed

14.09.01

12)  Total holding following this notification

63,672,609
               
13)  Total percentage holding of issued class following this notification

11.39%

14)  Any additional information

SEE LETTER BELOW

15)  Name of contact and telephone number for queries

R C CLIFTON
0207 408 7300

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

     Date of Notification .....   14.09.01  .........



LETTER TO TBI PLC 
DATED 14 SEPTEMBER 2001


Disclosure of interests in shares

Further to our letter of 12 September 2001, and 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 63,672,609 ordinary shares of TBI Plc, amounting to 
11.39%. 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 AG LONDON