Holding in Company

TBI PLC
6 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.

     UNKNOWN 

6)   ( - %) of issued Class

7)   Number of shares/amount of stock disposed

        -

8)   ( - %) of issued Class

9)   Class of security

     ORDINARY 10 PENCE

10)  Date of transaction

     UNKNOWN

11)  Date company informed

     06-09-01

12)  Total holding following this notification

      59,618,194
               
13)  Total percentage holding of issued class following this notification

      10.66%

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  ROGER CLIFTON
                               GROUP COMPANY SECRETARY

     Date of Notification ..06.09.2001......


Letter to TBI Plc - dated 6 September 2001

Disclosure of interests in shares

Further to our letter of 3 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 59,618,194 ordinary shares to TBI Plc, amounting to 
10.66%.  Part of this holding may relate to hedging arrangements for customer 
transactions.

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


Letter from Deutsche Bank AG London