Holding in Company

TBI PLC
17 July 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

     NON BENEFICIAL INTEREST - SHAREHOLDER HOLDS SHARES ON A DISCRETIONARY
     BASIS FOR CLIENTS.

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

     SCHRODER NOMINEES LIMITED - 34,688,960
     CHASE NOMINEES LIMITED    - 25,846,941
     VARIOUS*                  - 29,518,186
     CHASE NOMINEES LIMITED    -    568,469

     * SEE SHEET BELOW FOR FURTHER ANALYSIS

5)   Number of shares/amount of stock acquired.

     8,825,516 SHARES

6)   ( 1.58 %) of issued Class

7)   Number of shares/amount of stock disposed



8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY 10p SHARES

10)  Date of transaction

     16.07.01

11)  Date company informed

     17.07.01

12)  Total holding following this notification

     90,622,556 SHARES
               
              
13)  Total percentage holding of issued class following this notification

     16.22%

14)  Any additional information

     NONE

15)  Name of contact and telephone number for queries

     MARY HITCHON  020 7408 7300

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

     Date of Notification ....17 JULY 2001....................



                                    TBI PLC 
                               10P ORDINARY SHARES 
                                   SCHEDULE

REGISTRATION                                           AMOUNT

BT Globenet Nominees Limited a/c: 6B                  846,300 
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 Nominee (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                        3,906,823
MSS Nominees Ltd a/c: 809797                          725,000
Nortrust Nominees Limited                           3,278,063
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
                                                   29,518,186