TIDMTSCO

RNS Number : 1214W

Tesco PLC

09 December 2019

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

8 December 2019

Tesco PLC ("Tesco")

Statement Regarding Asia

Tesco PLC ("Tesco") confirms that, following inbound interest, it has commenced a review of the strategic options for its businesses in Thailand and Malaysia, including an evaluation of a possible sale of these businesses.

The evaluation of strategic options is at an early stage, no decisions concerning the future of Tesco Thailand or Malaysia have been taken, and there can be no assurance that any transaction will be concluded. A further announcement will be made if and when appropriate.

Enquiries:

   Investors:               Chris Griffith                       +44 (0) 1707 912 900 
   Media:                    Simon Rew                          +44 (0) 1707 918 701 
        Philip Gawith (Teneo)         +44 (0) 7887 954 048 

LEI Number: 2138002P5RNKC5W2JZ46

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END

STRLLFELFALTIIA

(END) Dow Jones Newswires

December 09, 2019 02:15 ET (07:15 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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