Holding(s) in Company

TBI PLC
4 August 2004



                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

     TBI PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     JOHCM ALTERNATIVE INVESTMENTS LLP
     NORTH ATLANTIC VALUE LLP
     NORTH ATLANTIC SMALLER COMPANIES 
     INVESTMENT TRUST PLC
     ORYX INTERNATIONAL GROWTH FUND LIMITED

     SHAREHOLDERS ARE PARTY TO AN AGREEMENT TO
     WHICH SECTION 204 OF THE COMPANIES ACT
     APPLIES.

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

     NOTIFICATION INDICATES THAT IT IS IN RESPECT OF
     SHAREHOLDERS IN 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 BELOW LETTER FROM JO HAMBRO CAPITAL MANAGEMENT LIMITED

5)   Number of shares/amount of stock acquired.

     UNKNOWN

6)   Percentage of issued Class

      UNKNOWN

7)   Number of shares/amount of stock disposed

      NONE

8)   Percentage of issued Class

      -

9)   Class of security

      ORDINARY 10 PENCE SHARES

10)  Date of transaction

      UNKNOWN

11)  Date company informed

      29 JULY 2004

12)  Total holding following this notification

      42,070,347
               
13)  Total percentage holding of issued class following this notification

      7.53%

14)  Any additional information

     SEE BELOW LETTER FROM JO HAMBRO CAPITAL MANAGEMENT LIMITED

15)  Name of contact and telephone number for queries

     ROGER CLIFTON,  0207 408 7300

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

     Date of Notification ..4 AUGUST 2004.....



Letter to  TBI Plc
Dated 29 July 2004

Pursuant to Section 198 of the Companies Act 1985 (the 'Act') we hereby notify
you that North Atlantic Value LLP ('NAV'), Ground Floor, Ryder Court, 14 Ryder
Street, London SW1Y 6QB is a party to an agreement to which section 204 of the
Act applies (the 'Agreement'). The other parties to this agreement are:- 


North Atlantic Smaller Companies Investment Trust PLC ('NASCIT')') of Ground
Floor, Ryder Court, 14 Ryder Street, London SW1Y 6QB, and

Oryx International Growth Fund Limited ('ORYX'), PO Box 208, Bermuda House, St
Julian's Avenue, St. Peter Port, Guernsey CI., and

Longhurst Investments Limited, a discretionary investment vehicle of BV Asset
Management Limited, whose registered office is situated at Trident Chambers,
PO Box 146, Road Town, Tortola, British Virgin Islands, and 

JOHCM Alternative Investments LLP ('AI'), Ground Floor, Ryder Court, 14 Ryder
Street, London SW1Y 6QB.

As at 29 July 2004, NAV was interested for the purposes of the Act in 14,690,000
ordinary shares in the relevant share capital, as defined in section 198(2) of
the Act, of TBI PLC (the 'Relevant Shares'), which represents 2.63% of that
Class of capital based on an issued share capital of 558,920,130 ordinary
shares. 

42,070,347 of the Relevant Shares are shares in which NAV will be interested
by virtue of sections 204 and 205 of the Act. 

The Relevant Shares are held or will held in the following names:


Nutraco Nominees Limited                         2,310,000 
Bank of New York Nominees Limited               15,180,000 
HSBC Global Custody London Limited               3,000,000
Goldman Sachs International TNA                  6,750,000 
Goldman Sachs International THO                  4,750,000
Goldman Sachs International THT                    700,000
Goldman Sachs International TEU                  4,442,117
Longhurst Investments Limited                    4,938,230

Total                               42,070,347 shares = 7.53%


Letter from North Atlantic Value LLP  



Letter to  TBI Plc
Dated 29 July 2004


Pursuant to Section 198 of the Companies Act 1985 (the 'Act') we hereby notify
you that North Atlantic Smaller Companies Investment Trust PLC ('NASCIT), Ground
Floor, Ryder Court, 14 Ryder Street, London SW1Y 6QB is a party to an agreement
to which section 204 of the Act applies (the 'Agreement'). The other parties to
this agreement are:-

Oryx International Growth Fund Limited ('ORYX'), PO Box 208, Bermuda House, St
Julian's Avenue, St Peter Port, Guernsey CI; and 

North Atlantic Value LLP ('NAV'), Ground Floor, Ryder Court, 14 Ryder Street,
London SW1Y 6QB; and 

Longhurst Investments Limited, a discretionary investment vehicle of BV Asset
Management Limited, whose registered office is situated at Trident Chambers, PO
Box 146, Road Town, Tortola, British Virgin Islands, and

JOHCM Alternative Investments LLP ('AI'), Ground Floor, Ryder Court, 14 Ryder
Street, London SW1Y 6QB.

As at 29 July 2004, NASCIT was interested for the purposes of the Act in
15,000,000 ordinary shares in the relevant share capital, as defined in section
198(2) of the Act, of TBI PLC (the 'Relevant Shares'), which represents 2.68% of
that Class of capital based on an issued share capital of 558,895,000 ordinary
shares.


42,070,347 of the Relevant Shares are shares in which NASCIT will be interested
by virtue of sections 204 and 205 of the Act. 


The Relevant Shares are held or will held in the following names: 


Nutraco Nominees Limited                        2,310,000 
Bank of New York Nominees Limited              15,180,000 
HSBC Global Custody London Limited              3,000,000 
Goldman Sachs International TNA                 6,750,000 
Goldman Sachs International THO                 4,750,000 
Goldman Sachs International THT                   700,000 
Goldman Sachs International TEU                 4,442,117 
Longhurst Investments Limited                   4,938,230

Total                           42,070,347 shares = 7.53% 
 


Letter from North Atlantic Smaller Companies Investment Trust plc



Letter to TBI
Dated 29 July 2004


Pursuant to Section 198 of the Companies Act 1985 (the 'Act') we hereby notify
you that JOHCM Alternative Investments LLP ('AI'), Ground Floor, Ryder Court, 14
Ryder Street, London SW1Y 6QB is a party to an agreement to which section 204 of
the Act apples (the 'Agreement'). The other parties to this agreement are:-


North Atlantic Value LLP ('NAV'), Ground Floor, Ryder Court, 14 Ryder Street,
London SW1Y 6QB; and 


Longhurst Investments Limited, a discretionary investment vehicle of BV Asset
Management Limited, whose registered office is situated at Trident Chambers, PO
Box 146, Road Town, Tortola, British Virgin Islands, and


North Atlantic Smaller Companies Investment Trust PLC ('NASCIT') of Ground
Floor, Ryder Court, 14 Ryder Street, London SW1Y 6QB, and 


Oryx International Growth Fund Limited ('ORYX'), PO Box 208, Bermuda House, St
Julian's Avenue, St Peter Port, Guernsey CI. 


As at 29 July 2004, AI was interested for the purposes of the Act in 4,442,117
ordinary shares in the relevant share capital, as defined in section 198(2) of
the Act, of TBI PLC (the 'Relevant Shares'), which represents 0.79% of that
Class of capital based on an issued share capital of 558,895,000 ordinary
shares.


42,070,347 of the Relevant Shares are shares in which AI will be interested by
virtue of sections 204 and 205 of the Act.

The Relevant Shares are held or will held in the following names: 

Nutraco Nominees Limited                          2,310,000 
Bank of New York Nominees Limited                15,180,000 
HSBC Global Custody London Limited                3,000,000 
Goldman Sachs International TNA                   6,750,000 
Goldman Sachs International THO                   4,750,000 
Goldman Sachs International THT                     700,000 
Goldman Sachs International TEU                   4,442,117 
Longhurst Investments Limited                     4,938,230 

Total                               42,070,347 shares = 7.53%

Letter from  J O Hambro Capital Management Group



Letter to TBI
Dated 29 July 2004

Pursuant to Section 198 of the Companies Act 1985 (the 'Act') we hereby notify
you that Longhurst Investments Limited, a discretionary investment vehicle of BV
Asset Management Limited, whose registered office is situated at Trident
Chambers, PO Box 146, Road Town, Tortola, British Virgin Islands Islands is a 
party to an agreement to which section 204 of the Act applies (the 'Agreement').
The other parties to this agreement are:-


North Atlantic Value LLP ('NAV'), Ground Floor, Ryder Court, 14 Ryder Street,
London SW1Y 6QB; and 

North Atlantic Smaller Companies Investment Trust PLC ('NASCIT') of Ground
Floor, Ryder Court, 14 Ryder Street, London SW1Y 6QB, and

JOHCM Alternative Investments LLP ('AI'), Ground Floor, Ryder Court, 14 Ryder
Street, London SW1Y 6QB,  and

Oryx International Growth Fund Limited ('ORYX'), PO Box 208, Bermuda House, St
Julian's Avenue, St Peter Port, Guernsey CI.

As at 29 July 2004, Longhurst Investments Limited was interested for the
purposes of the Act in 4,938,230 ordinary shares in the relevant share capital,
as defined in section 198(2) of the Act, of TBI PLC (the 'Relevant Shares'),
which represents 0.88% of that Class of capital based on an issued share capital
of 558,895,000 ordinary shares


42,070,347 of the Relevant Shares are shares in which Longhurst Investments
Limited will be interested by virtue of sections 204 and 205 of the Act. 


The Relevant Shares are held or will held in the following names:

Nutraco Nominees Limited                          2,310,000 
Bank of New York Nominees Limited                15,180,000 
HSBC Global Custody London Limited                3,000,000 
Goldman Sachs International TNA                   6,750,000 
Goldman Sachs International THO                   4,750,000 
Goldman Sachs International THT                     700,000 
Goldman Sachs International TEU                   4,442,117 
Longhurst Investments Limited                     4,938,230


Total                              42,070,347 shares = 7.53% 


Letter from North Atlantic Value LLP




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