Holding(s) in Company

TBI PLC
7 December 2004




                           SCHEDULE 10
 
             NOTIFICATION OF MAJOR INTERESTS IN SHARES


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.

NOT STATED

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

3 DECEMBER 2004

12)  Total holding following this notification

47,560,111
               
13)  Total percentage holding of issued class following this notification

8.29%

14)  Any additional information

SEE ATTACHED LETTER FROM DEUTSCHE BANK AG.

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

     Date of Notification ............   7 DECEMBER 2004  ............


LETTER TO:  TBI
DATED:  03 DECEMBER 2004

DISCLOSURE OF INTERESTS IN SHARES

Further to our letter of 30 November 2004, 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 573,850,948 ordinary shares, Deutsche Bank AG, London have a
notifiable interest in 47,560,111 ordinary shares of TBI Plc, amounting to
8.29%.

Deutsche Bank AG is a corporation domiciled in Frankfurt, Germany, of which
Deutsche Bank AG London is a branch.


FROM:  DEUTSCHE BANK AG LONDON




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