Tesco completes sale of Fresh & Easy to Yucaipa

Following the announcement of 10 September 2013 that Tesco had agreed the sale of the substantive part of Fresh & Easy’s operating business to YFE Holdings Inc., an affiliate of Yucaipa Companies LLC ("Yucaipa"), Tesco is today confirming the completion of the transaction.

Following the announcement of 10 September 2013 that Tesco had agreed the sale of the substantive part of Fresh & Easy’s operating business to YFE Holdings Inc., an affiliate of Yucaipa Companies LLC ("Yucaipa"), Tesco is today confirming the completion of the transaction.

For more information please contact:

Investor Relations: Chris Griffith  01992 644 800

Media:Tom Hoskin: 01992 644 645

Brunswick: 0207 404 5959

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