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Merger Update

22nd Feb 2005 11:00

Office of Fair Trading22 February 2005 INVITATION TO COMMENT ANTICIPATED ACQUISITION BY TESCO OF PROPERTY IN REDRUTH (POOL) CORNWALL FORMERLYTRADED BY WOOLWORTHS GROUP PLC The Office of Fair Trading is considering whether arrangements are in progressor in contemplation which, if carried into effect, will result in the creationof a relevant merger situation under the merger provisions of the Enterprise Act2002. Should it be found to be a relevant merger situation, the OFT willfurther consider whether the creation of that situation may be expected toresult in a substantial lessening of competition within any market or markets inthe United Kingdom for goods or services that warrants reference to theCompetition Commission for investigation and report. Affected Sector: Retailing Please send written representations about any competition or public interestissues to: Mr D Channing Office of Fair Trading Fleetbank House 2-6 Salisbury Square London EC4Y 8JX FAX: 020-7211-8916 to arrive by 7 March 2005. This information is provided by RNS The company news service from the London Stock Exchange

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Tesco
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