Statement re Possible Offer

TBI PLC
18 November 2004

18 November 2004



                        TBI plc ('TBI' or the 'Company')

The Board of TBI notes the recent share price movement and can confirm that it
has received a preliminary approach which may or may not lead to an offer for
the entire issued and to be issued share capital of the Company.  Discussions
are at a preliminary stage and there can be no assurances that agreement can be
reached.


A further announcement will be made when appropriate.


Enquiries:


TBI                                                  Tel:  [phone]

Keith Brooks, Chief Executive
Caroline Price, Finance Director

Dresdner Kleinwort Wasserstein                       Tel:  [phone]
Charles Batten
Ishbel Macpherson
Michael Covington

College Hill                                         Tel: [phone]
Justine Warren



Dresdner Kleinwort Wasserstein Limited which is authorised and regulated in the
United Kingdom by the Financial Services Authority, is acting exclusively for
TBI and for no one else and will not be responsible to anyone other than TBI for
providing the protections afforded to customers of Dresdner Kleinwort
Wasserstein Limited nor for providing advice in relation to any matter referred
to in this announcement.


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