Director Shareholding

Tesco PLC
1 December 2000

TESCO PLC

DIRECTORS SHAREHOLDINGS

The Directors below have today become entitled to scrip dividend Ordinary
shares of 5p each in the Company, at a price of 244.25p per share, under the
Scrip Dividend Scheme:

Director                                                           No of Shares
R S Ager                                                                  6,946
P A Clarke                                                                1,163
J Gardiner                                                                3,055
J Gildersleeve                                                            7,719
A T Higginson                                                             1,782
T P Leahy                                                                11,260
T J R Mason                                                               4,845
G F Pimlott                                                                 165
D T Potts                                                                 1,823
D E Reid                                                                 11,828


Enquiries:

J A Bailey Esq

Deputy Secretary

Tesco PLC

Tel: [phone]