Announcement of Tesco PLC Tender Offer

Tesco Corporate Treasury Services PLC

19 June 2017

TESCO CORPORATE TREASURY SERVICES PLC

Announcement of Tender Offer

Tesco Corporate Treasury Services PLC (TCTS) hereby notes the announcements made today by its parent company, Tesco PLC, in respect of an invitation to holders of its outstanding Tesco PLC €600,000,000 5.125 per cent. Notes due 2047, £200,000,000 6 per cent. Notes due 2029, £200,000,000 5.50 per cent. Notes due 2033, £300,000,000 4.875 per cent. Notes due 2042 and £500,000,000 5.20 per cent. Notes due 2057 (together, the Notes) and $300,000,000 6.150% Senior Securities due 2037 (the Senior Securities), to tender their Notes or Senior Securities for purchase by the Company for cash (the Announcements).

TCTS has made this announcement to ensure that holders of its listed securities are fully appraised of Tesco PLC's Announcements.

Copies of the Announcements are available at:

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/TSCO/13265371.html 

http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/TSCO/13265373.html 

To view the Announcements in full, please paste the above URL into the address of your browser.

The Announcements contain information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), encompassing information relating to the Offers described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Robert Welch, Group Company Secretary at Tesco PLC.

Enquiries:

Tesco Corporate Treasury Services PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

LEI Number: 21380018AJDKNF3A6712