Competition Process Update

For Immediate Release

29 June 2017

Booker Group plc ('Booker Group')

Competition Process Update

On 27 January 2017 we announced the planned merger with Tesco PLC (the "Merger"). Since that point, we have been working closely with the Competition and Markets Authority (the "CMA") as they examine the Merger.

Following continued constructive dialogue and further to the commencement of the CMA's Phase 1 review on 30 May 2017, we have now requested that the CMA uses the "fast track" process to allow it to move more quickly to examining the Merger through a detailed Phase 2 process. We expect it to issue an early decision to refer to Phase 2 within the next two weeks. We are grateful to the CMA team for the work they have done to date and appreciate the support of customers, suppliers and colleagues during this process.

Note:

This announcement contains inside information

ENDS

For further information contact:

Tulchan Communications (PR Adviser to Booker Group plc)

020 7353 4200

Susanna Voyle / Jess Reid