Rule 8 - TESCO

Form 8.1/8.3 Lodge with a RIS or Newstrack, if appropriate, and the Takeover Panel. Use separate form for each class of securities in which dealings have been made. Date of Disclosure 19 March 2003 DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3 OF THE CITY CODE ON TAKEOVERS AND MERGER Date of Dealing 18 March 2003 Dealing in TESCO (1)Class of security (eg ordinary shares) ORD GBP0.05 (2)Amount bought Amount sold Price per unit 128 0 1.6915 177 0 1.7135 214 0 1.7060 227 0 1.7215 228 0 1.7115 268 0 1.7040 275 0 1.7379 285 0 1.7690 285 0 1.7285 285 0 1.7335 290 0 1.7190 325 0 1.6885 349 0 1.7090 370 0 1.7690 387 0 1.7096 405 0 1.7350 410 0 1.7685 411 0 1.7355 444 0 1.6894 452 0 1.7285 456 0 1.7790 456 0 1.7315 465 0 1.7085 511 0 1.7115 513 0 1.7715 546 0 1.7090 561 0 1.7040 563 0 1.7350 573 0 1.7615 610 0 1.7090 723 0 1.7390 741 0 1.7235 786 0 1.7210 808 0 1.6940 832 0 1.7716 912 0 1.7290 997 0 1.7744 1,158 0 1.7833 5,093 0 1.7350 6,250 0 1.7686 8,750 0 1.7675 0 108 1.6891 0 525 1.7340 0 573 1.7105 0 586 1.7588 0 590 1.7330 0 642 1.7679 0 764 1.7106 0 766 1.7879 0 880 1.7321 0 1,081 1.7106 0 1,088 1.7679 0 1,433 1.7056 0 1,550 1.7325 0 1,573 1.7330 0 1,680 1.7010 0 1,851 1.6930 0 2,167 1.7605 0 2,305 1.7321 0 2,400 1.6936 0 2,790 1.7613 0 3,438 1.7933 (3)Resultant total of the same class owned or controlled 327,100,590 (and percentage of class) (4.50 % ) (4) Party making disclosure Barclays PLC (5) EITHER (a) Name of purchaser/vendor (Note 1) (b) If dealing for discretionary client(s), name of fund management organisation Barclays PLC (6) Reason for disclosure (Note 2) (a) associate of (i) offeror (Note 3) NO (ii) offeree NO Specify which category or categories of associate (1-8 overleaf) (b) Rule 8.3 (i.e disclosure because of ownership or control of 1% or more of the class of relevant securities dealt in) YES Signed, for and on behalf of the party named in (4) above .................................................................. (Also print name of signatory) Geoff Smith Telephone and extension number 0207 699 2305 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/03/19/20030319BIT00400/wkr0001.doc http://www.waymaker.net/bitonline/2003/03/19/20030319BIT00400/wkr0002.pdf

Subscribe