Holding(s) in Company

TBI PLC
24 November 2004


                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   NAME OF COMPANY

TBI PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

CANTOR FITZGERALD EUROPE

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.

CANTOR FITZGERALD EUROPE

5)   Number of shares/amount of stock acquired.

UNKNOWN

6)   Percentage of issued Class


7)   Number of shares/amount of stock disposed

UNKNOWN 

8)   Percentage of issued Class


9)   Class of security

ORDINARY 10 PENCE SHARES

10)  Date of transaction

UNKNOWN

11)  Date company informed

23 NOVEMBER 2004

12)  Total holding following this notification

16,514,281
               
13)  Total percentage holding of issued class following this notification

2.95% (i.e. non-notifiable)

14)  Any additional information

See attached letter from Cantor

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 .........  24.11.2004  ...............


LETTER TO:  TBI PLC
DATED:  18 NOVEMBER 2004

DISCLOSURE UNDER SECTION 198 OF THE COMPANIES ACT

As part of our obligation under section 198 of the Companies Act I hereby notify
you that Cantor Fitzgerald Europe has an interest in and is the registered
holder of 16,514,281 ordinary shares in TBI Plc as at 17th November 2004.


LETTER FROM:  CANTOR FITZGERALD EUROPE





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