Holding(s) in Company

TBI PLC
23 July 2004

                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

TBI PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

VINCI AIRPORTS UK 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

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.

NOT STATED

5)   Number of shares/amount of stock acquired.

-

6)   Percentage of issued Class

-

7)   Number of shares/amount of stock disposed

56,550,000

8)   Percentage of issued Class

10.12%

9)   Class of security

ORDINARY 10 PENCE SHARES

10)  Date of transaction

21 JULY 2004

11)  Date company informed

22 JULY 2004

12)  Total holding following this notification

NIL
               
13)  Total percentage holding of issued class following this notification

NIL

14)  Any additional information

SEE ATTACHED LETTER FROM VINCI AIRPORTS

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

     Date of Notification ..   22 JULY 2004



LETTER TO TBI PLC
DATED 21 JULY 2004

Reduction in our interest in the ordinary share capital of TBI plc

We hereby give the required notice that we have, this afternoon of
Wednesday 21 July 2004, sold our remaining interest in the issued share
capital of the company.

Our interest in the issued share capital has been reduced from 56,550,000
shares to NIL.

FROM:  E M M ZELLER
       DIRECTOR
       VINCI AIRPORTS (UK) LIMITED



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