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Toad PLC (TGP)

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Tuesday 23 October, 2001

Toad PLC

Holding in Company

Toad PLC
23 October 2001

Toad PLC 23 October 2001

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

On 23 October 2001, the Company received notification from Hoodless Brennan &
Partners Plc ('Hoodless Brennan') informing them that, following a sale of
387,000 ordinary shares in Toad on 19 October 2001, Hoodless Brennan no longer
have a notifiable interest in the ordinary share capital of the Company.

23 October 2001