Director Shareholding

Tesco PLC
30 January 2001

Tesco PLC ('the Company')

DIRECTORS SHAREHOLDING

Tesco PLC has been notified that the Tesco Employees Trust purchased Ordinary
Shares of 5 pence each in the Company as shown below:

Date                       Price (pence)             No. of Shares

30 January 2001            246.65                    4,000,000


The Trust is a discretionary trust for the benefit of employees and executive
directors of the Company. Each executive Director of the Company, as a
potential beneficiary of the Trust, is deemed to have an interest in the
shares acquired by the Trust. The directors in question are:


R.S. Ager, P.A. Clarke, J. Gildersleeve, A. Higginson, T.P. Leahy, T.J.R.
Mason, D.E. Reid, D.T. Potts


Enquiries:

J A Bailey Esq
Deputy Secretary
Tesco PLC
Tel:- [phone]