PDMR SHAREHOLDING

20 January 2020

Tesco PLC (the 'Company')

Grant of Awards under the Tesco PLC Performance Share Plan 2011 (the 'PSP')

On 16 January 2020, Gerry Mallon, a member of the Company's Executive Committee, was granted an award over 270,216 Ordinary Shares of 5 pence each in the Company under the rules of PSP, the number of shares being calculated using a market price of 249.80 pence per share.

The award has been made in the form of conditional shares whichwill vest on 9 October 2021subject to the achievement of performance conditions over the vesting period.

For any dividends paid in the period between the grant and vesting of the conditional shares, the number of shares will be increased to reflect the dividends that would have accrued had they been reinvested in shares.

The Notification of Dealing Form can be found below. This announcement is made in accordance with Article 19 of the EU Market Abuse Regulation 596/2014.

For enquiries, please contact:

Robert Welch, Company Secretary

Tesco PLC

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

Hertfordshire

AL7 1GA

Tel: 07793 222569

LEI Number: 2138002P5RNKC5W2JZ46

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Tesco plc published this content on 20 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2020 11:08:07 UTC