TESCO PLC PERFORMANCE SHARE PLAN 2011 (the "Plan")

20 February 2015

Tesco PLC (the "Company")

PDMR SHAREHOLDING

On 19 February 2015, the persons listed below were granted nil-cost options over Tesco PLC Ordinary Shares under the Plan.  This grant has been made to eligible individuals who were members of the Tesco PLC Executive Committee in July 2014.

In the event that dividends are paid in the period between grant and exercise, the number of shares subject to option in each case will be increased to reflect the dividends that would have accrued had they been reinvested in shares. The nil-cost options will become exercisable on 17 July 2017, subject to continuous employment.

This announcement is made in accordance with the requirements of DTR 3.1.4.

Enquiries:            Paul Moore

                          Company Secretary

                          Tesco PLC

                          Tesco House

  Delamare Road

  Cheshunt

  Hertfordshire

  EN8 9SL

  Tel: 01992 632222