Director Shareholding

Tesco PLC
10 May 2004

                                TEIS ALLOCATION



10 May 2004


Tesco PLC


DIRECTORS' SHAREHOLDINGS


The Company has today been notified that on 4 May 2004 the Directors listed were
allocated, at a price of 248.75p per share, share entitlements under the
Company's Executive Incentive Scheme, which comprises both long term and short
term share bonuses. The entitlement to receive these shares is based on
performance criterion, details of which are contained in the Tesco PLC Report
and Accounts for 2004.





Director               Short                  Short                     Long                 Total Entitlement
                                                                                             Granted
                       Term                   Term                      Term

                                              Matching
T P Leahy              292,462                146,231                   292,462              731,155
R W Brasher            113,065                56,532                    113,065              282,662
P A Clarke             165,829                82,914                    165,829              414,572
A T Higginson          165,829                82,914                    165,829              414,572
T J R Mason            165,829                82,914                    165,829              414,572
D T Potts              165,829                82,914                    165,829              414,572




Enquiries:     M J Field

               Deputy Secretary

               Tesco PLC

               Tel: [phone]






                      This information is provided by RNS
            The company news service from the London Stock Exchange