Pre-close Analyst Meetings

Tesco PLC
05 August 2002

5 August 2002



                                   TESCO PLC

Tesco PLC will today commence its usual series of pre-close season analyst
meetings, ahead of the half-year end on 10 August 2002. At the meetings, Tesco
will update analysts on performance against the previously stated strategy.

Management remains confident that it will deliver results which are broadly in
line with the current consensus forecast.

The half-year interim results will be announced on 17 September 2002.

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Enquiries:

Tesco      Investor Relations
Steve Butler                        Tel:              01992 644800
Lucy Cross                          Tel:              01992 646663




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