Holding(s) in Company

Tesco PLC
10 May 2004

10 May 2004


Tesco PLC

DISCLOSURE OF INTEREST IN SHARES

The Company has today been informed by a letter dated 6 May 2004 that as at the
close of business on 4th May 2004, Lehman Brothers International (Europe) had an
interest in 273,969,461 ordinary shares of 5p each of the Company. This
represents 3.73% of the share capital of the Company.

Enquiries:  M J Field

            Deputy Secretary

            Tesco PLC

            Tel: [phone]


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