This report is concerned with the union spΩ(j,k)Tn(a) of all possible spectra that may emerge when perturbing a large n×n Toeplitz band matrix Tn(a) in the (j,k) site by a number randomly chosen from some set Ω. The main results give descriptive bounds and, in several interesting situations, even provide complete identifications of the limit of spΩ(j,k)Tn(a) as n→∞. Also discussed are the cases of small and large sets Ω as well as the "discontinuity of the infinite volume case", which means that in general spΩ(j,k)Tn(a) does not converge to something close to spΩ(j,k)Tn(a) as n→∞, where T(a) is the corresponding infinite Toeplitz matrix. Illustrations are provided for tridiagonal Toeplitz matrices, a notable special case. \ud
\ud
The second author was supported by UK Enginering and Physical Sciences Research Council Grant GR/M1241