TS&B Holdings, Inc. & Gulf Coast Records to Release Country Music Star Glen Cummings's New Album


ORLANDO, Fla., April 14, 2004 (PRIMEZONE) -- TS&B Holdings, Inc. ("Company" or "TS&B") (OTCBB:TSBB), announces Gulf Coast Records and H.L Voelker set a production recording date at a Nashville recording studio for Glenn Cummings's new album to be released in June 2004. The recording for Glenn's new album will begin on April 26th in Nashville and continue through the second week of May. Bobby Terry will be co-producing the album with H.L. Voelker.

The tracking will take place at Cartee Day Studio in Nashville. The engineering for the session will be conducted by Ben Fowler and band players include Bobby Terry, acoustic guitar; Steve Brewster, drums; Steve Bryant, bass; Mike Johnson and Steve Hinson, steel guitar; Troy Lancaster, electric guitar; Wanda Vic, fiddle, mandolin and dobro and Cathy Styron on keyboards. Shareholders are encouraged to visit: (www.allmusic.com) for credits on the players and engineer involved.

The CEO of TS&B Holdings Inc., James E. Jenkins stated, "we're very excited about the team that H.L Voelker has assembled to record Glenn's new album. The engineer, producer and band players have worked and played with many country recording artists, such as Confederate Railroad, Trace Atkins, Dierks Bently, Allen Asbury, Jeff Bates, Susan Ashton, Sheri Austin and others. We look forward to the great success of Glenn's new album." Country music is a multi-billion-dollar market. Artists realize revenues from several sources; CD's, concerts, merchandise and radio play. Revenue for Gulf Coast Records over the next three years is projected to be approximately $15 million with net income of approximately $6 million.

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.

Safe Harbor

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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