TS&B Holdings, Inc. Shareholder Update on Glenn Cummings of Gulf Coast Records


ORLANDO, Fla., May 13, 2004 (PRIMEZONE) -- TS&B Holdings, Inc. ("Company" or "TS&B") (OTCBB:TSBB), announced today that Glenn Cummings of Gulf Coast Records has completed recording the sound and his vocal tracks for his new album.

Glenn has been busy in Nashville for the past two weeks with H.L. Volker and Miles Bell and the musicians previously announced, cutting the sound tracks and vocal tracks for his new album. The recording of Glenn's vocals and the sound tracks were completed on May 6th. This week the team is working on the background vocals and the mixing of the previously recorded sound tracks and vocals, as well as determining which song will be cut as the first single.

The CEO of TS&B Holdings Inc., James E. Jenkins stated, "We're very excited about the speed in which the team in Nashville has cut the tracks for the new album. The team has definitely proven their ability to get things done on a fast-track schedule. We have had excellent feedback from several key Nashville music industry executives who visited the recordings sessions. The Company anticipates Glenn's new album will be a huge success."

About TS&B Holdings Inc.

TS&B Holdings Inc., is a Business Development Company under the Investment Act of 1940 aggressively seeking opportunities in emerging and fast growth industries.

TS&B Holdings Inc. has a financial services subsidiary, TS&B Financial Services, Inc. that provides investment and merchant banking services and strategic planning to both the public and private sectors.

The statements made in this release constitute "forward-looking" statements, usually containing the words "believe," "estimate," "project," "expect," or similar expressions. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. Factors that would cause or contribute to such differences include, but are not limited to, changing economic conditions, interest rates trends, continued acceptance of the Company's products in the marketplace, competitive factors and other risks detailed in the Company's periodic report Filings with the Securities and Exchange Commission. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.


            

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