AMENDMENT

INCREASED EQUITY PURCHASES BY 37,997 TO 5,253,998

INCREASED EQUITY SALES BY 947,882 TO 6,296,450

ADDED EQUITY SWAP PURCHASES OF 915,158

ADDED EQUITY SWAP SALES OF 37,997

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-

SERVING CAPACITY

Rule 8.5 of the Takeover Code (the 'Code')

1. KEY INFORMATION

(a) Name of exempt principal trader:

J.P. Morgan Securities Plc

(b) Name of offeror/offeree in relation to whose relevant securities this form relates:

Use a separate form for each offeror/offeree

Tesco PLC

(c) Name of the party to the offer with which exempt principal trader is connected:

Booker Group Plc

(d) Date dealing undertaken:

19 June 2017

(e) In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to this offer?

If it is a cash offer or possible cash offer, state 'N/A'

Yes

Booker Group Plc

2. DEALINGS BY THE EXEMPT PRINCIPAL TRADER

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security

Purchases/ sales

Total number of securities

Highest price per unit paid/received

(GBP)

Lowest price per unit paid/received

(GBP)

Ordinary Shares

Purchases

Sales

5,253,998

6,296,450

1.7395

1.7355

1.7080

1.7075

(b) Cash-settled derivative transactions

Class of relevant security

Product description

e.g. CFD

Nature of dealing

e.g. opening/closing a long/short position, increasing/reducing a long/short position

Number of reference securities

Price per unit

Ordinary Shares

Equity Swaps

Long

Short

32

1,097

31,694

1,326

915,158

503,602

392

50,000

316,900

26,391

1,913

1,768

98,809

8,755

388

154,126

964

2,754

942,360

88,949

6,216

1,115

8,395

971

103,483

8,958

530,746

6,367

130,885

226,449

13,870

1,947

4,908

75,086

10,773

4,882

8,542

567

7,641

7,155

2,024

946

5,578

273

8,874

1,168

43

24

101

18

17,600

2,575

1,167

5,048

1,005,565

3,475

144,277

1,868

10,270

18,516

9,236

597,520

271,401

37,997

1,404

379,945

1,856

68,799

26,391

1.7090 GBP

1.7091 GBP

1.7098 GBP

1.7100 GBP

1.7102 GBP

1.7103 GBP

1.7104 GBP

1.7105 GBP

1.7107 GBP

1.7110 GBP

1.7111 GBP

1.7125 GBP

1.7131 GBP

1.7132 GBP

1.7136 GBP

1.7139 GBP

1.7142 GBP

1.7143 GBP

1.7144 GBP

1.7147 GBP

1.7159 GBP

1.7160 GBP

1.7161 GBP

1.7167 GBP

1.7171 GBP

1.7173 GBP

1.7174 GBP

1.7176 GBP

1.7181 GBP

1.7185 GBP

1.7188 GBP

1.7190 GBP

1.7191 GBP

1.7195 GBP

1.7196 GBP

1.7202 GBP

1.7203 GBP

1.7205 GBP

1.7206 GBP

1.7210 GBP

1.7216 GBP

1.7217 GBP

1.7219 GBP

1.7222 GBP

1.7256 GBP

1.7303 GBP

1.7339 GBP

1.7357 GBP

1.7363 GBP

1.7377 GBP

1.7088 GBP

1.7094 GBP

1.7097 GBP

1.7098 GBP

1.7105 GBP

1.7119 GBP

1.7125 GBP

1.7131 GBP

1.7137 GBP

1.7138 GBP

1.7146 GBP

1.7148 GBP

1.7160 GBP

1.7166 GBP

1.7171 GBP

1.7178 GBP

1.7186 GBP

1.7223 GBP

2.1730 USD

(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security

Product description e.g. call option

Writing, purchasing, selling, varying etc.

Number of securities to which option relates

Exercise price per unit (GBP)

Type

e.g. American, European etc.

Expiry date

Option money paid/ received per unit

(GBP)

Ordinary Shares

(ii) Exercise

Class of relevant security

Product description

e.g. call option

Exercising/ exercised against

Number of securities

Exercise price per unit

(GBP)

Ordinary Shares

(d) Other dealings (including subscribing for new securities)

Class of relevant security

Nature of dealing

e.g. subscription, conversion

Details

Price per unit (if applicable) (GBP)

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state 'none'

None

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state 'none'

None

Date of disclosure:

21 June 2017

Contact name:

Tung Le

Telephone number:

020 7742 7272

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel atmonitoring@disclosure.org.uk. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website atwww.thetakeoverpanel.org.uk.

Tesco plc published this content on 21 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 21 June 2017 17:30:04 UTC.

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