Trading Statement

Tesco PLC
13 June 2003

13 June 2003

                                   TESCO PLC

                          QUARTER 1 TRADING STATEMENT

                           GROUP SALES GROW BY 15.1%

                        STRONG UK LIKE FOR LIKE OF 5.8%


STRONG GROUP SALES GROWTH

Group sales for the first quarter increased by 15.1% year on year. This growth
was driven by all four parts of our strategy: a continued strong core UK
performance, increasing non-food sales, strong performance across our
international business and the success of retailing services.


UK CONTINUES TO OUTPERFORM

Total UK sales for the twelve weeks ending 17th May were up 12.3% (8.7%
excluding T&S). Like for like sales were 5.8% driven by strong volumes of 5.5%
following strong volume growth last year. Net new stores grew at 6.5% (2.9%
excluding T&S).


STRONG INTERNATIONAL PERFORMANCE

International sales were up 28.4% in the first quarter. All countries have
contributed to this growth. This year we plan to open nearly 3m square feet of
sales space, an additional 16%.



                                     -ends-



Enquiries:-

Steve N Butler - Tesco Investor Relations - Tel:- 01992 644 800

Tesco Press Office - Tel:- 01992 646 606

Angus Maitland - Maitland Consultancy - Tel:- 020 7379 5151






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