TIDM17EW TIDMTSCO

RNS Number : 5455S

Tesco Corporate Treasury Services

09 July 2020

Tesco Corporate Treasury Services PLC

9 July 2020

NOTICE OF REDEMPTION AT THE OPTION OF THE ISSUER

TESCO CORPORATE TREASURY SERVICES PLC

(the Issuer)

EUR500,000,000 2.125 per cent. Notes due 12 November 2020, guaranteed by Tesco PLC under the GBP15,000,000,000 Euro Note Programme (ISIN: XS0992638220) (the Notes)

NOTICE IS HEREBY GIVEN TO NOTEHOLDERS THAT all outstanding Notes will be redeemed by the Issuer on 12 August 2020 (the Optional Redemption Date) pursuant to Condition 6(c) (Redemption at the Option of the Issuer (Issuer Call)) of the Notes. The Notes will be redeemed at EUR1,000 per Calculation Amount (the Optional Redemption Amount) together with any accrued and unpaid interest.

For further information, please contact:

Robert Welch

Group Company Secretary

Tesco House

Shire Park

Kestrel Way

Welwyn Garden City

AL7 1GA

United Kingdom

Tel: 07793 222569

Email address: DebtInvestor.relations@tesco.com

LEI Number: 21380018AJDKNF3A6712

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END

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July 09, 2020 05:00 ET (09:00 GMT)

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