Director Shareholding

Tesco PLC
2 July 2001

Tesco PLC ('the Company')

DIRECTORS SHAREHOLDING

Tesco PLC has been notified that on 2nd July 2001 the Tesco Employees Trust
purchased Ordinary Shares of 5 pence each in the Company as shown below:

Date                     No of Shares              Price (pence)

2nd July 2001            1,200,000                 255.41

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.T. Potts and D.E. Reid

Enquiries:
J A Bailey Esq
Deputy Secretary
Tesco PLC
Tel:- 01992 632222