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Importer, Wholesaler
Tesco Stores Ltd.

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One team around the world Tesco operates 2,291 stores around the world and employs 296,000 people. We have grown from a domestic retailer, to an International Group, through our organic growth programme. This year, all four parts of the Tesco strategy, the core UK business, non-food, retailing services and international, have increased in profitability. Tesco personal finance, established in 1997, now has over 3.4 million customer accounts and 15 products and services. It achieved profits of £96m in 2003 (Tesco share £48m). Tesco.com is the largest grocery e-tailer in the world and achived a profit of £12m in 2003. We announced recently that we would launch a fixed line phone service in the summer of 2003. Other tél: +44 (0)1992 646484