Director Shareholding

Tesco PLC
26 February 2004


TESCO PLC

NOTIFICATION OF INTEREST OF DIRECTORS AND CONNECTED PERSONS


Tesco PLC announces that on 26th February 2004, 1,267,546 Ordinary Shares of 5P
each in the Company were allotted and issued to Tesco Quest Limited, as trustee
of the Tesco Qualifying Employee Share Ownership Trust, at a subscription price
of 251.75 pence per share pursuant to the Company's Savings-Related Share Option
Scheme (1981). As a result of the allotment and issue, R S Ager, J Gardiner, J
Gildersleeve, A Higginson, T P Leahy, T J R Mason, P A Clarke, D T Potts all
collectively have an interest in the 1,267,546 Ordinary Shares of 5P each in the
company, as the beneficiaries of the trust include all employees of the group
including these Directors.



Enquiries:

M J Field
Deputy Secretary
Tesco PLC
Tel:- [phone]


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