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Toad PLC (TGP)

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Monday 22 October, 2001

Toad PLC

Holding in Company

Toad PLC
22 October 2001

Toad PLC 22 October 2001

Toad plc ('Toad' or 'the Company')

On 22 October 2001, the Company received notification from Hoodless Brennan &
Partners Plc ('Hoodless Brennan') informing them that, following the
acquisition of 2,300,000 ordinary shares of 10p each in Toad on 18 October
2001, Hoodless Brennan have a notifiable interest in approximately 3.2% of the
ordinary share capital of the Company.

22 October 2001