Rule 8 - TESCO

Form 8.1/8.3

Lodge with a RIS or Newstrack, if appropriate, and the Takeover Panel.
Use separate form for each class of securities in which dealings have
been made.

Date of Disclosure 11 March 2003

DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3 OF THE CITY CODE ON
TAKEOVERS AND MERGER

Date of Dealing 10 March 2003

Dealing in TESCO

(1)Class of security (eg ordinary shares) ORD GBP0.05

(2)Amount        Amount Price per
bought             sold      unit
       134           0     1.6265
       149           0     1.6130
       174           0     1.6065
       247           0     1.6365
       264           0     1.6190
       273           0     1.6135
       293           0     1.6115
       299           0     1.6265
       299           0     1.6315
       299           0     1.6365
       303           0     1.6115
       320           0     1.6235
       328           0     1.6265
       328           0     1.6315
       333           0     1.6165
       342           0     1.6085
       361           0     1.6090
       388           0     1.6215
       389           0     1.6090
       405           0     1.6130
       418           0     1.6190
       446           0     1.6115
       471           0     1.6041
       518           0     1.6265
       583           0     1.6265
       598           0     1.6365
       623           0     1.6140
       684           0     1.6290
       839           0     1.6165
       885           0     1.6110
    19,653           0     1.6050
    23,237           0     1.6350
    27,855           0     1.6130
         0         193     1.6311
         0         225     1.6281
         0         292     1.6356
         0         471     1.6306
         0         491     1.6306
         0         546     1.6056
         0         726     1.6356
         0         736     1.6261
         0         897     1.6181
         0         913     1.6231
         0         918     1.6236
         0       1,005     1.6356
         0       1,183     1.6256
         0       1,296     1.6081
         0       1,299     1.6131
         0       1,303     1.6306
         0       1,405     1.6261
         0       1,549     1.6281
         0       1,636     1.6306
         0       1,698     1.6256
         0       1,810     1.6306
         0       1,868     1.6356
         0       2,589     1.6106
         0       2,700     1.6206
         0       7,654     1.6350
         0       8,657     1.6356
         0       9,900     1.6281
         0      12,783     1.6350
         0      17,292     1.6350
         0      23,237     1.6350
         0      28,896     1.6350
         0      35,093     1.6350
         0      51,156     1.6350
         0      53,216     1.6350
         0      89,691     1.6350
         0      90,314     1.6350
         0      95,828     1.6350
         0     108,142     1.6350
         0     113,216     1.6350
         0     114,792     1.6350
         0     117,509     1.6350
         0     137,323     1.6350
         0     147,314     1.6350
         0     274,957     1.6350
         0     294,669     1.6350
         0     529,543     1.6350
         0     663,554     1.6350

(3)Resultant total of the same class owned or controlled
328,131,187

(and percentage of class)
(4.51 % )


(4) Party making disclosure Barclays PLC

(5)      (a) Name of purchaser/vendor (Note 1)
EITHER
         (b) If dealing for discretionary client(s), name
         of fund management organisation
         
         Barclays PLC


(6) Reason for disclosure (Note 2)
(a)          (i) offeror   NO
associate    (Note 3)
of
             (ii) offeree  NO


Specify which category or categories of associate (1-8 overleaf)

(b) Rule 8.3 (i.e disclosure because of ownership or control of 1% or
more of the class of relevant securities dealt in)
YES

Signed, for and on behalf of the party named in (4) above

..................................................................

(Also print name of signatory)
Geoff Smith
Telephone and extension number
0207 699 2305