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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.
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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