Statement re Possible Offer

TBI PLC
04 December 2003

TBI plc

4 December 2003



                                TBI plc ('TBI')



TBI notes the announcement made by HOCHTIEF AirPort GmbH ('HTA') today and can
confirm that no discussions have taken place between TBI and HTA.



Further announcements will be made if appropriate.



In accordance with Rule 2.10 of the City Code of Takeovers and Mergers, TBI
confirms that it currently has 558,894,921 ordinary shares of 10 pence in issue
under the ISIN code GB0005660856.



Enquires:

TBI plc                                                         020 7408 7300

Keith Brooks, Chief Executive
Caroline Price, Finance Director

Dresdner Kleinwort Wasserstein                                  020 7623 8000
Charles Batten, Managing Director

Oriel Securities                                                020 7710 7600
Simon Bragg

College Hill                                                    020 7457 2020
Gareth David



Dresdner Kleinwort Wasserstein Limited and Oriel Securities Limited, which are
authorised and regulated by the Financial Services Authority, are acting for TBI
plc and for no-one else in connection with the contents of this announcement and
will not be responsible to anyone other than TBI plc for providing the
protections afforded to customers of Dresdner Kleinwort Wasserstein Limited and
Oriel Securities Limited, or for affording advice in relation to the contents of
this announcement or any matters referred to herein.



END


                      This information is provided by RNS
            The company news service from the London Stock Exchange