Dividend Declaration, etc.

TBI PLC
24 August 1999


Contact:      Caroline Price, Finance Director
              TBI plc                                         0171 355 2345

              Becky Jewers
              Holborn Public Relations                        0171 929 5599   
                                               [e-mail]

Not for release, publication or distribution in or into the United States of
America, Australia, Canada or Japan



                             TBI PLC ('TBI')

                            INTERIM DIVIDEND

On 12 August 1999, a circular was sent to TBI shareholders providing details
of the proposed acquisition of Airport Group International Holdings, LLC
('AGI'). Pursuant to the Purchase Agreement described in the circular, AGI
shareholders will be issued with up to 71,329,000 new TBI shares (the 'New TBI
Shares'), and paid US$45.4million in cash. The exact number of New TBI Shares
to be issued will, broadly, be determined by reference to the average price of
TBI shares over a 10 trading day period prior to closing (the 'Calculation
Period').

Under the terms of the Purchase Agreement, the New TBI Shares to be issued to
AGI shareholders will not carry the right to receive any interim dividend if
TBI shares trade ex-dividend in respect of any such dividend throughout the
Calculation Period.  Accordingly, TBI is declaring an interim dividend in
advance of the normal dividend timetable.  

The Board of Directors of TBI announce that the interim dividend for the
financial year ending 31 March 2000, of 0.6 pence per ordinary share (1999:
0.5 pence), will be paid on 4 January 2000 to shareholders on the register on
6 September 1999. 

In accordance with its usual reporting calendar, TBI expects to announce
interim results for the half year ended 30 September 1999, during the week
beginning 22 November 1999.