Holding(s) in Company

TBI PLC
12 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

     22,000,000

8)   Percentage of issued Class

     3.94%

9)   Class of security

     ORDINARY 10 PENCE SHARES


10)  Date of transaction

     8 JULY 2004


11)  Date company informed

     9 JULY 2004


12)  Total holding following this notification

     56,550,000

               
13)  Total percentage holding of issued class following this notification

     10.12%


14)  Any additional information

     SEE LETTER BELOW


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    12 JULY 2004



LETTER TO:  TBI PLC
            8th July 2004

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

We hereby give the required notice that we have, today, reduced our interest in
the issued share capital of the company by 22,000,000 shares from 78,550,000 to
56,550,000 shares.

From:  Alec Comba (Company Secretary) VINCI Airports U.K. Limited

                      This information is provided by RNS
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