HLDG BY ESIP

Tesco PLC
15 May 2003

Tesco PLC ('the Company')


Tesco PLC announces that on 14 May 2003, the Trustees of the Tesco Employee
Share Incentive Plan purchased 5,250,000 Ordinary Shares of 5 pence each in the
Company at an average price of 200.92p.


Enquiries:


R S Ager Esq


Company Secretary Tesco PLC Tel:-[phone]


END




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