Offering Circular

Tesco Personal Finance plc

Publication of Offering Circular

The following offering circular has been approved by the UK Listing Authority and is available for viewing:

Offering Circular dated 18 November 2014 prepared in connection with the £2,000,000,000 Euro Note Programme of Tesco Personal Finance plc.

To view the full document, please paste the following URL into the address bar of your browser:

A copy of the above offering circular will be submitted to the National Storage Mechanism and will be available for inspection at: www.Hemscott.com/nsm.do

For further information, please contact:

Tesco Personal Finance plcInterpoint Building22 Haymarket Yards

Edinburgh EH12 5BH

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the offering circular may be addressed to and/or targeted at persons who are residents of particular countries (specified in the offering circular) only and is not intended for use and should not be relied upon by any person outside these countries. Prior to relying on the information contained in the offering circular you must ascertain from those documents whether or not you are part of the intended addressees of the information contained therein. Your right to access this service is conditional upon complying with the above requirement.