Holding in Company

TBI PLC
8 August 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

TBI PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

SCHRODER INVESTMENT MANAGEMENT LIMITED

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

- 

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

SEE LETTER BELOW

5)   Number of shares/amount of stock acquired.

2,000,000

6)   ( 0.358% ) of issued Class

7)   Number of shares/amount of stock disposed

-

8)   ( - %) of issued Class

9)   Class of security

ORDINARY 10P

10)  Date of transaction

06.08.01

11)  Date company informed

08.08.01

12)  Total holding following this notification

90,914,487
               
              
13)  Total percentage holding of issued class following this notification

16.26%

14)  Any additional information

-

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

MARY HITCHON

     Date of Notification     8 AUGUST 2001



LETTER TO: TBI PLC


TBI PLC
10p ORDINARY SHARES ('SHARES')

We write to advise you that we, Schroder Investment Management Limited, have an
interest in 91,894,220 shares which are held in portfolios managed by us on a
discretionary basis for clients under investment management agreements.

We believe that our interest represents 16.442% of the total number of shares in
issue, namely, 558,894,921 shares.

Included in this figure are:-

(i) 34,068,260 shares registered or to be registered in the name of our wholly
owned subsidiary nominee company, Schroder Nominees Limited (Schroder Nominees),

(ii) 27,659,949 shares held in (a) unit trust(s) operated and managed by another
wholly-owned subsidiary, Schroder Unit Trusts Limited (SULT), and registered or
to be registered in the name of Chase Nominees Limited, and

(iii) 30,166,011 shares neither registered nor to be registered in the name of
Schroder Nominees, The registration details are shown on the schedule below.

This notification is made to you:-

(a) in respect of our interest as investment managers and also by virtue of the
fact that we are the parent company of SULT,

(b) on behalf of SUTL in relation to the interests they are treated as having
respectively under the Companies Act 1985 (the Act), and

(c) on behalf of Schroders plc., our holding company, which is treated as having
an interest in all of the above shares under the Act by virtue of its ownership
of ourselves.

LETTER FROM: SCHRODER INVESTMENT MANAGEMENT LIMITED




                                 TBI PLC
 
                           10p ORDINARY SHARES

                                SCHEDULE


REGISTRATION                                               AMOUNT

BT Globenet Nominees Limited a/c: 6B                       1,327,400
Chase Nominees Limited                                    12,360,000
HSBC Bank International Ltd a/c: 10096301                    550,000
MSS Nominees Ltd a/c: 767412                                 274,000
HSBC Global Custody Nominees (UK) Ltd a/c: 809955            806,000
Mellon Trust                                               1,000,000
MSS Nominees Ltd a/c: 766653                               1,719,000
MSS Nominees Ltd a/c: 823666                               1,000,000
MSS Nominees Ltd a/c: 831286                               3,886,556
MSS Nominees Ltd a/c: 809797                                 725,000
Nortrust Nominees Limited                                  3,465,055
Nutraco Nominees Limited                                     200,000
Morgan Nominees Limited a/c GRL-Crest ID:AG01                623,000
RBSTB Nominees Limited a/c: LAUR                             100,000
RBSTB Nominees Limited a/c: AAUKPS                           380,000
State Street Nominees Limited a/c: 5H57                    1,750,000

                                                          30,166,011