Director Shareholding

Tesco PLC
16 January 2001

TESCO PLC

DIRECTORS' SHAREHOLDINGS

The Company was informed that the following Director yesterday sold Ordinary
shares of 5p each in the Company at a price of 260p.

Director                        No of Shares

D E Reid                        40,000



Enquiries:

J A Bailey Esq
Deputy Secretary
Tesco PLC
Tel: [phone]