Tesco plc http://www.alacrastore.com/company-snapshot/Tesco_plc-1016514 Friday, July 25, 2008 3:40:59 PM 1016514 Tesco plc en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/ccbn/T1822418ccbn/T1822418norm... - Tesco plc - ChairmanRight, welcome everyone. Thank you for joining us today. We'll follow the usual running order, with Andy covering the financial results, followed by Terry with an update on strategy. And we'll be then happy to answer your questions. I'm pleased to report that in spite of some challenging market conditions, we once again delivered a strong set of results. Sales have increased by ##.#% to GBP##.#b. And Group profit before tax is up by #.#%, or by ##.#% if you exclude last year's exceptionals, which was mainly the pensions A-Day credit. Underlying profit growth has grown by ##.#% to GBP#,###m. And underlying diluted earnings per share are up ##.#% using a normal tax rate, and so the full year dividend is also up ##.#%. These results demonstrate the real strength and diversity of the Group and reaffirm our broad, long-term strategy for growth set out just over a decade ago. International is now a powerful driver of growth for the Group. And this year our overseas business... 7/16/2008 4:55:34 PMTesco PLC54.0000Preliminary 2007 Tesco Plc. Earnings Conference CallTSCDY4:00AM ETTranscriptT1822418Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/B1822418ccbn/B1822418norm...Group profit before tax up by #.#% or by ##.#%, excluding last year's exceptionals, mainly Pensions A-Day credit.... 7/16/2008 4:55:26 PMTesco Plc54.0000Preliminary 2007 Tesco Plc. Earnings Conference CallTSCDY4:00AM ETBriefB1822418Credit & Investment ResearchThomson Street EventsUK - Tesco PLC was rumored to be planning to acquire the remaining ##% stake in Tesco Personal Finance Group Ltd, a Glosgow-based provider of insurance and credit card services. Tesco Personal Finance Group Ltd was a ##-## joint venture between Tesco PLC and RBS.6/3/2008 12:09:01 PM88157588157V881575881575Tesco PLCTesco Personal Finance Group LtdTesco PLCTesco PLChttp://www.alacrastore.com/storecontent/Thomson_M%26A/Tesco_PLC_is_rumored_to_be_looking_to_purchase_remaining_interest_in_Tesco_Personal_Finance_Grp_Ltd-1982717040sdc/19827170401982717040Copyright © 2008, Thomson Financial, All Rights ReservedLondonRetail Trade-Food StoresUnited KingdomGrocery stores5411FFForeignPublicTSCO5141:Groceries, general line5399:Miscellaneous general merchandise stores5411:Grocery stores5961:Catalog and mail-order houses7375:Information retrieval services5141:Groceries, general line5399:Miscellaneous general merchandise stores5411:Grocery stores5961:Catalog and mail-order houses7375:Information retrieval servicesInsuranceUnited KingdomInsurance agents, brokers, and service6411FFForeignJoint Venture5938001Own,op grocery storesOwn,op grocery storesNot ApplicableCommon Stock480852001Jun 3 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.0000025.00000Tesco PLC, located inHertfordshire, UK, owns andoperates grocery storesworldwide. The companyoperates 3,000 stores inIreland, Hungary, Poland,Czech Republic, Slovakia,Thailand, South Korea, Taiwanand Malaysia providing avariety of services andproducts such as Tescoexpress, Tesco Metro, TescoSuperstore and Tesco Extra.The company's productsincludes electricals, homeentertainment, clothing,health and beauty, stationery,cookshop and soft furnishings,and seasonal goods such asbarbecues and gardenfurnitures. The company alsoprovides on-line and cataloguenon-food services with 11,000products. The company wasfounded in 1924.Tesco PLC, located in Hertfordshire, UK, owns and operatesgrocery stores worldwide. The company operates 3,000 storesin Ireland, Hungary, Poland, Czech Republic, Slovakia,Thailand, South Korea, Taiwan and Malaysia providing avariety of services and products such as Tesco express,Tesco Metro, Tesco Superstore and Tesco Extra. The company'sproducts includes electricals, home entertainment, clothing,health and beauty, stationery, cookshop and softfurnishings, and seasonal goods such as barbecues and gardenfurnitures. The company also provides on-line and cataloguenon-food services with 11,000 products. The company wasfounded in 1924.Tesco PLC, located in Hertfordshire, UK, owns and operates grocery stores worldwide. The company operates 3,000 stores in Ireland, Hungary, Poland, Czech Republic, Slovakia, Thailand, South Korea, Taiwan and Malaysia providing a variety of services and products such as Tesco express, Tesco Metro, Tesco Superstore and Tesco Extra. The company's products includes electricals, home entertainment, clothing, health and beauty, stationery, cookshop and soft furnishings, and seasonal goods such as barbecues and garden furnitures. The company also provides on-line and catalogue non-food services with 11,000 products. The company was founded in 1924.1.000002.000003.000004.000005.000006.000007.000008.00000Tesco Personal Finance GroupLtd, located in Glasgow, UK,provides insurance and creditcard services. The company'sproducts include car, home,pet, life and travelinsurance. The company wasfounded in 1997.Tesco Personal Finance Group Ltd, located in Glasgow, UK,provides insurance and credit card services. The company'sproducts include car, home, pet, life and travel insurance.The company was founded in 1997.Tesco Personal Finance Group Ltd, located in Glasgow, UK, provides insurance and credit card services. The company's products include car, home, pet, life and travel insurance. The company was founded in 1997.0.000000.000000.000000.00000N30 May 08Fri, 30 May 2008 00:00:00 ESTDate Announced: 05/30/2008Date Effective:Acq. Rem. Int.Not Appl.0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.0000050.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.00000UK - Tesco PLC was rumored tobe planning to acquire theremaining 50% stake in TescoPersonal Finance Group Ltd, aGlosgow-based provider ofinsurance and credit cardservices. Tesco PersonalFinance Group Ltd was a 50-50joint venture between TescoPLC and RBS.UK - Tesco PLC was rumored to be planning to acquire the remaining 50% stake in Tesco Personal Finance Group Ltd, a Glosgow-based provider of insurance and credit card services. Tesco Personal Finance Group Ltd was a 50-50 joint venture between Tesco PLC and RBS.UK - Tesco PLC was rumored to be planning to acquire the remaining 50% stake in TescoPersonal Finance Group Ltd, a Glosgow-based provider of insurance and credit cardservices. Tesco Personal Finance Group Ltd was a 50-50 joint venture between Tesco PLC andRBS.UK - Tesco PLC was rumored to be planning to acquire the remaining 50% stake in Tesco Personal Finance Group Ltd, a Glosgow-based provider of insurance and credit card services. Tesco Personal FinanceGroup Ltd was a 50-50 joint venture between Tesco PLC and RBS.UK - Tesco PLC was rumored to be planning to acquire the remaining 50% stake in Tesco Personal Finance Group Ltd, a Glosgow-basedprovider of insurance and credit card services. Tesco Personal Finance Group Ltd was a 50-50 joint venture between Tesco PLC and RBS.Rumor0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Rumor-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000006153:Short-term business credit institutions6311:Life insurance6321:Accidental and health insurance6331:Fire, marine, and casualty insurance6399:Insurance carriers, nec6411:Insurance agents, brokers, and service7389:Business services, nec5938001LondonUnited Kingdom5411ForeignPublicTSCO5141:Groceries, general line5399:Miscellaneous general merchandise stores5411:Grocery stores5961:Catalog and mail-order houses7375:Information retrieval services5938001LondonUnited Kingdom5411ForeignPublicTSCO0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & AcquisitionsUK - Tesco Holdings Ltd (TH), a unit of Tesco PLC, agreed to launch a tender offer to acquire the remaining ##.#% stake, or #.### mil ordinary shares, in Dobbies Garden Centres PLC (DG), a Midlothian-based owner and operator of garden centers, for ## British pounds ($##.### US) in cash per share, or a total value of ##.### mil pounds ($##.### mil), from West Coast Capital (##.#%) and other undisclosed sellers. The offer was conditioned upon at least ##% of shares being tendered. TH received irrevocable undertakings to accept the offer with respect to ##.#% of the company's ordinary share capital. Upon declaration of being wholly unconditional, TH exercised its rights to compulsorily acquire the remaining shares pursuant to the offer and apply for the delisting of DG shares in the London AIM Stock Exchange.5/22/2008 3:36:37 PM88227P25600Y881575881575Tesco Holdings LtdDobbies Garden Centres PLCTesco PLCTesco PLChttp://www.alacrastore.com/storecontent/Thomson_M%26A/Tesco_Holdings_Ltd_acquires_remaining_interest_in_Dobbies_Garden_Centres_PLC_from_Tesco_PLC-1979844040sdc/19798440401979844040Copyright © 2008, Thomson Financial, All Rights ReservedRetail Trade-Food StoresUnited KingdomGrocery stores5411FFForeignSubsidiary5411:Grocery stores5141:Groceries, general line5399:Miscellaneous general merchandise stores5411:Grocery stores5961:Catalog and mail-order houses7375:Information retrieval servicesLondon AIMMiscellaneous Retail TradeUnited KingdomRetail nurseries, lawn and garden supply stores5261FFForeignPublicDGC87283001Own,op grocery storesOwn,op grocery storesCashCash OnlyOrdinary Share435305001May 22 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.00000Own and operate grocery storesOwn and operate grocery storesOwn and operate grocery stores1.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.00000Dobbies Garden Centres PLC,located in Lasswade, UK, ownsand operates garden centers.Its products include plants,seeds and bulbs, gardenessentials, furniture and BBQ,patio gardening, watergardening, gardenarchitecture, homeware, books,cards and gifts, outdoorclothing and Christmascollections. The company wasfounded in 1865.Dobbies Garden Centres PLC, located in Lasswade, UK, ownsand operates garden centers. Its products include plants,seeds and bulbs, garden essentials, furniture and BBQ, patiogardening, water gardening, garden architecture, homeware,books, cards and gifts, outdoor clothing and Christmascollections. The company was founded in 1865.Dobbies Garden Centres PLC, located in Lasswade, UK, owns and operates garden centers. Its products include plants, seeds and bulbs, garden essentials, furniture and BBQ, patio gardening, water gardening, garden architecture, homeware, books, cards and gifts, outdoor clothing and Christmas collections. The company was founded in 1865.0.000000.000000.0000010.37000NBritish Pound21 May 08Wed, 21 May 2008 00:00:00 ESTDate Announced: 05/21/2008Date Effective:Acq. Rem. Int.Friendly0.000000.000000.000000.000000.0000012.00000Price/Share0.0000042.914 British Pound42.91400124.4620042.914 British Pound42.914000.000000.0000023.6220023.6220042.9140042.914 British Pound1.96800N42.914000.000000.000000.000000.000000.0000084.4760084.476000.000000.000000.000000.000000.000000.0000065.5200034.480000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.0000015.0000016.0000017.0000018.0000019.0000020.0000021.0000022.0000023.0000024.0000025.0000026.0000027.0000028.0000029.0000030.00000UK - Tesco Holdings Ltd (TH),a unit of Tesco PLC, agreed tolaunch a tender offer toacquire the remaining 34.5%stake, or 3.756 mil ordinaryshares, in Dobbies GardenCentres PLC (DG), aMidlothian-based owner andoperator of garden centers,for 12 British pounds ($23.622US) in cash per share, or atotal value of 42.914 milpounds ($84.476 mil), fromWest Coast Capital (29.2%) andother undisclosed sellers. Theoffer was conditioned upon atleast 90% of shares beingtendered. TH receivedirrevocable undertakings toaccept the offer with respectto 29.2% of the company'sordinary share capital. Upondeclaration of being whollyunconditional, TH exercisedits rights to compulsorilyacquire the remaining sharespursuant to the offer andapply for the delisting of DGshares in the London AIM StockExchange.UK - Tesco Holdings Ltd (TH), a unit of Tesco PLC, agreed to launch a tender offer to acquire the remaining 34.5% stake, or 3.756 mil ordinary shares, in Dobbies Garden Centres PLC (DG), a Midlothian-based owner and operator of garden centers, for 12 British pounds ($23.622 US) in cash per share, or a total value of 42.914 mil pounds ($84.476 mil), from West Coast Capital (29.2%) and other undisclosed sellers. The offer was conditioned upon at least 90% of shares being tendered. TH received irrevocable undertakings to accept the offer with respect to 29.2% of the company's ordinary share capital. Upon declaration of being wholly unconditional, TH exercised its rights to compulsorily acquire the remaining shares pursuant to the offer and apply for the delisting of DG shares in the London AIM Stock Exchange.UK - Tesco Holdings Ltd (TH), a unit of Tesco PLC, agreed to launch a tender offer toacquire the remaining 34.5% stake, or 3.756 mil ordinary shares, in Dobbies Garden CentresPLC (DG), a Midlothian-based owner and operator of garden centers, for 12 British pounds($23.622 US) in cash per share, or a total value of 42.914 mil pounds ($84.476 mil), fromWest Coast Capital (29.2%) and other undisclosed sellers. The offer was conditioned uponat least 90% of shares being tendered. TH received irrevocable undertakings to accept theoffer with respect to 29.2% of the company's ordinary share capital. Upon declaration ofbeing wholly unconditional, TH exercised its rights to compulsorily acquire the remainingshares pursuant to the offer and apply for the delisting of DG shares in the London AIMStock Exchange.UK - Tesco Holdings Ltd (TH), a unit of Tesco PLC, agreed to launch a tender offer to acquire the remaining 34.5% stake, or 3.756 mil ordinary shares, in Dobbies Garden Centres PLC (DG), aMidlothian-based owner and operator of garden centers, for 12 British pounds ($23.622 US) in cash per share, or a total value of 42.914 mil pounds ($84.476 mil), from West Coast Capital (29.2%) andother undisclosed sellers. The offer was conditioned upon at least 90% of shares being tendered. TH received irrevocable undertakings to accept the offer with respect to 29.2% of the company'sordinary share capital. Upon declaration of being wholly unconditional, TH exercised its rights to compulsorily acquire the remaining shares pursuant to the offer and apply for the delisting of DGshares in the London AIM Stock Exchange.UK - Tesco Holdings Ltd (TH), a unit of Tesco PLC, agreed to launch a tender offer to acquire the remaining 34.5% stake, or 3.756 milordinary shares, in Dobbies Garden Centres PLC (DG), a Midlothian-based owner and operator of garden centers, for 12 British pounds($23.622 US) in cash per share, or a total value of 42.914 mil pounds ($84.476 mil), from West Coast Capital (29.2%) and otherundisclosed sellers. The offer was conditioned upon at least 90% of shares being tendered. TH received irrevocable undertakings to acceptthe offer with respect to 29.2% of the company's ordinary share capital. Upon declaration of being wholly unconditional, TH exercised itsrights to compulsorily acquire the remaining shares pursuant to the offer and apply for the delisting of DG shares in the London AIMStock Exchange.$ 84.476 - Greenhill & Co, LLC - Adv$ 0.000 - JP Morgan Cazenove - ECM0.000000.00000Greenhill & Co, LLCJP Morgan Cazenove1.000002.00000Rothschild1.00000$ 71.467 - Rothschild - Rep Sell0.00000Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000181:Ornamental floriculture and nursery products0782:Lawn and garden services5021:Furniture5199:Nondurable goods, nec5261:Retail nurseries, lawn and garden supply stores5712:Furniture stores5961:Catalog and mail-order houses7999:Amusement and recreation svcs5938001LondonUnited Kingdom5411ForeignPublicTSCO5141:Groceries, general line5399:Miscellaneous general merchandise stores5411:Grocery stores5961:Catalog and mail-order houses7375:Information retrieval services5938001LondonUnited Kingdom5411ForeignPublicTSCO84.4760042.9140084.4760042.91400Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/fitch/420808_pr_framefitch/420808_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Tesco plc803599695/16/2008 2:14:00 PM0100000001030000010303000103030185Press ReleaseTSCO420808_pr_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/moodys/PR_155441_2714moodys/PR_155441_2714htmlGlobal Credit Research Rating Action ## MAY #### Rating Action: Tesco Plc Moody's reviews Tesco's ratings for possible downgrade Paris, May ##, #### -- Moody's Investors Service today placed Tesco's A# long-term senior unsecured rating...5/16/2008 1:18:17 AMhtmlTesco PlcTesco Plc2714150.0000NewsRating ActionPR_155441_2714Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/648413spcred/648413normThe latest News from S&Pglobalstructured5/15/2008 3:32:58 PM100News648413United KingdomFood RetailEurope, Middle East, AfricaGlobal IssuersStructured FinanceCorporationsCommercial MBSRetailNewsLONDON (Standard&Poor's) May 15, 2008--Standard&Poor's Ratings Services said today it lowered to 'A' from 'A+' its long-term corporate credit and senior unsecured debt ratings on U.K.-based retailer Tesco PLC. At the same time, the 'A-1' short-term corporate credit rating on the group was affirmed. In addition, the outlook was revised to negative from stable. "The downgrade reflects the deterioration of Tesco's financial profile below the minimum levels needed to sustain 'A+' ratings as well as the May 14, 2008, announcement that it will acquire a store portfolio in South Korea for £958 million," said Standard&Poor's credit analyst Marketa Horkova. During fiscal 2008, ending Feb. 23, 2008, significant capital expenditures of £3.4 billion and returnsGBR88157M88157R88157L88157530101030 301010 3010 30Tesco PLC339672EUROMIDAFRTSCO@LNNEWSGLOBISSSTRUCCORPCMBSRetailCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/648414spcred/648414normThe latest Research Update from S&Pglobalstructured5/15/2008 3:32:58 PM175Research Update648414United KingdomFood RetailEurope, Middle East, AfricaGlobal IssuersStructured FinanceCorporationsCommercial MBSRetailResearch UpdateOn May 15, 2008, Standard&Poor's Ratings Services lowered to 'A' from 'A+' its long-term corporate credit and senior unsecured debt ratings on U.K.-based retailer Tesco PLC. At the same time, the 'A-1' short-term corporate credit rating on the group was affirmed. In addition, the outlook was revised to negative from stable. The downgrade reflects the deterioration of Tesco's financial profile below the minimum levels needed to sustain 'A+' ratings as well as the May 14, 2008, announcement that it will acquire a store portfolio in South Korea for £958 million. During fiscal 2008, ending Feb. 23, 2008, significant capital expenditures of £3.4 billion and returns to shareholders of about £1.6 billion were not fully financed by operating cashGBR88157M88157R88157L88157530101030 301010 3010 30Tesco PLC339672EUROMIDAFRTSCO@LNRESUPDGLOBISSSTRUCCORPCMBSRetailCredit & Investment ResearchS&P Credit ResearchSOUTH KOREA - Samsung Tesco Co Ltd (ST), an ##:## joint venture between Tesco PLC and Samsung Corp, planned to acquire the ## Homever stores of E-Land Ltd (EL), a department stores owner and operator and a ##%-owned unit of EL International Ltd. Originally, in May ####, EL was rumored to be seeking a buyer for its ## discount stores. ST was rumored potential bidder.5/15/2008 2:37:39 PM79638E50614L88157526848RSamsung Tesco Co LtdE-Land Ltd-Homever Stores(36)Tesco PLCEL International Ltdhttp://www.alacrastore.com/storecontent/Thomson_M%26A/Samsung_Tesco_Co_Ltd_acquires_E_Land_Ltd_Homever_Stores_36_from_EL_International_Ltd-1977368040sdc/19773680401977368040Copyright © 2008, Thomson Financial, All Rights ReservedRetail Trade-Food StoresSouth KoreaGrocery stores5411FFForeignJoint Venture5411:Grocery stores5141:Groceries, general line5399:Miscellaneous general merchandise stores5411:Grocery stores5961:Catalog and mail-order houses7375:Information retrieval servicesRetail Trade-General Merchandise and ApparelSouth KoreaDepartment stores5311FFForeignSubsidiary895363001Own,op grocery storesOwn,op dept storesCashCash OnlyAssets1010433001May 15 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.00000Samsung Tesco Co Ltd is agrocery store owner andoperator headquartered inSouth Korea.Samsung Tesco Co Ltd is a grocery store owner and operatorheadquartered in South Korea.Samsung Tesco Co Ltd is a grocery store owner and operator headquartered in South Korea.1.000002.000003.00000The assets comprise of 36Homever discount stores ofE-Land Ltd.The assets comprise of 36 Homever discount stores of E-LandLtd.The assets comprise of 36 Homever discount stores of E-Land Ltd.0.000000.000000.000000.00000YKorean Won14 May 08Wed, 14 May 2008 00:00:00 ESTDate Announced: 05/14/2008Date Effective:Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.00000Korean Won1955405.660000.00000Korean Won1955405.660000.000000.000000.000000.000001955405.66000Korean Won0.00100N958.000000.000000.000000.000000.000000.000001863.502001863.502000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.0000012.0000013.0000014.00000SOUTH KOREA - Samsung Tesco CoLtd (ST), an 89:11 jointventure between Tesco PLC andSamsung Corp, planned toacquire the 36 Homever storesof E-Land Ltd (EL), adepartment stores owner andoperator and a 53%-owned unitof EL International Ltd.Originally, in May 2008, ELwas rumored to be seeking abuyer for its 35 discountstores. ST was rumoredpotential bidder.SOUTH KOREA - Samsung Tesco Co Ltd (ST), an 89:11 joint venture between Tesco PLC and Samsung Corp, planned to acquire the 36 Homever stores of E-Land Ltd (EL), a department stores owner and operator and a 53%-owned unit of EL International Ltd. Originally, in May 2008, EL was rumored to be seeking a buyer for its 35 discount stores. ST was rumored potential bidder.SOUTH KOREA - Samsung Tesco Co Ltd (ST), an 89:11 joint venture between Tesco PLC andSamsung Corp, planned to acquire the 36 Homever stores of E-Land Ltd (EL), a departmentstores owner and operator and a 53%-owned unit of EL International Ltd. Originally, in May2008, EL was rumored to be seeking a buyer for its 35 discount stores. ST was rumoredpotential bidder.SOUTH KOREA - Samsung Tesco Co Ltd (ST), an 89:11 joint venture between Tesco PLC and Samsung Corp, planned to acquire the 36 Homever stores of E-Land Ltd (EL), a department stores owner and operatorand a 53%-owned unit of EL International Ltd. Originally, in May 2008, EL was rumored to be seeking a buyer for its 35 discount stores. ST was rumored potential bidder.SOUTH KOREA - Samsung Tesco Co Ltd (ST), an 89:11 joint venture between Tesco PLC and Samsung Corp, planned to acquire the 36 Homeverstores of E-Land Ltd (EL), a department stores owner and operator and a 53%-owned unit of EL International Ltd. Originally, in May 2008,EL was rumored to be seeking a buyer for its 35 discount stores. ST was rumored potential bidder.Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000005311:Department stores5938001LondonUnited Kingdom5411ForeignPublicTSCO5311:Department stores405827001South Korea5311ForeignPrivate1863.502001955405.660001863.50200958.00000Deal InformationThomson Financial Mergers & AcquisitionsUK - Spicerhaart agreed to acquire Tesco Property Market, a Crawley-based provider of information technology services, from Tesco Plc's subsidiary Tesco.Com. Terms were not disclosed.5/7/2008 2:12:39 PM84873Q88450K84873Q881575SpicerhaartTesco Property MarketSpicerhaartTesco PLChttp://www.alacrastore.com/storecontent/Thomson_M%26A/Spicerhaart_acquires_Tesco_Property_Market_from_Tesco_PLC-1975170040sdc/19751700401975170040Copyright © 2008, Thomson Financial, All Rights ReservedReal Estate; Mortgage Bankers and BrokersUnited KingdomReal estate agents and managers6531FFForeignPrivate6531:Real estate agents and managers7379:Computer related services,nec6531:Real estate agents and managers7379:Computer related services,necBusiness ServicesUnited KingdomComputer related services,nec7379FFForeignSubsidiary1009199001Re agcyOwn,op grocery storesUnspecifiedAssets1009190001May 7 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.00000Spicerhaart, located inColchester, UK, is a realestate agency. It providesinformation for propertybuyers and sellers. Thecompany was founded in1989.Spicerhaart, located in Colchester, UK, is a real estateagency. It provides information for property buyers andsellers. The company was founded in1989.Spicerhaart, located in Colchester, UK, is a real estate agency. It provides information for property buyers and sellers. The company was founded in1989.1.000002.000003.000004.000005.000006.000007.00000Tesco Property Market, locatedin Crawley, UK, providesinformation technologyservices. It providesinformation relating toproperty selling orpurchasing.Tesco Property Market, located in Crawley, UK, providesinformation technology services. It provides informationrelating to property selling or purchasing.Tesco Property Market, located in Crawley, UK, provides information technology services. It provides information relating to property selling or purchasing.0.000000.000000.000000.00000N02 May 08Fri, 02 May 2008 00:00:00 ESTDate Announced: 05/02/2008Date Effective:Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.000000.000000.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.00000UK - Spicerhaart agreed toacquire Tesco Property Market,a Crawley-based provider ofinformation technologyservices, from Tesco Plc'ssubsidiary Tesco.Com. Termswere not disclosed.UK - Spicerhaart agreed to acquire Tesco Property Market, a Crawley-based provider of information technology services, from Tesco Plc's subsidiary Tesco.Com. Terms were not disclosed.UK - Spicerhaart agreed to acquire Tesco Property Market, a Crawley-based provider ofinformation technology services, from Tesco Plc's subsidiary Tesco.Com. Terms were notdisclosed.UK - Spicerhaart agreed to acquire Tesco Property Market, a Crawley-based provider of information technology services, from Tesco Plc's subsidiary Tesco.Com. Terms were not disclosed.UK - Spicerhaart agreed to acquire Tesco Property Market, a Crawley-based provider of information technology services, from Tesco Plc'ssubsidiary Tesco.Com. Terms were not disclosed.Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000006531:Real estate agents and managers7379:Computer related services,nec1009199001United Kingdom6531ForeignPrivate5141:Groceries, general line5399:Miscellaneous general merchandise stores5411:Grocery stores5961:Catalog and mail-order houses7375:Information retrieval services5938001LondonUnited Kingdom5411ForeignPublicTSCO0.000000.000000.000000.00000Deal InformationThomson Financial Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/fitch/374586_report_framefitch/374586_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Carrefour S.A.Casino Guichard-Perrachon S.A.J. Sainsbury plcKoninklijke Ahold N.V.METRO AGTesco plc803599648035996980360208803602098036083480362463804171792/29/2008 10:20:00 AM010300000103030001030301275Special Report01255812017AHMEOSBRYTSCO374586_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/bir/477275bir/477275normTesco PLCUnited KingdomRetail: Grocery stores.54114451109IMTSCDY2/15/2008 6:53:00 AM477275Company Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/storecontent/fitch/370824_report_framefitch/370824_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Carrefour S.A.Casino Guichard-Perrachon S.A.DSG International PLCJ. Sainsbury plcMarks & Spencer Group plcMETRO AGTesco plc80359947803599648035996980360208803602098036042280362463804171792/5/2008 10:16:00 AM01000000010300000103030001030301250Special Report01255812017DSGIMEOMKSSBRYTSCO370824_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/cs/63283cs/63283norm63283 #### U.K. Retail Outlook: Brace Yourself for Bumpy Conditions Our underweight recommendation on the U.K. retail sector is primarily driven by ongoing difficult trading conditions, as previous interest rate rises feed through to the...4531YesD0Article164516321635980162916251630corp44821Sector Outlooks1/9/2008 10:11:00 PM150Our underweight recommendation on the U.K. retail sector is fuelled by ongoing difficult trading conditions, as previous interest rate rises feed through to the consumer, combined with intense price competition and ongoing cost inflation.63283Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/moodys/COP_2714moodys/COP_2714htmlGlobal Credit Research Credit Opinion # JUL #### Credit Opinion: Tesco Plc Tesco Plc Cheshunt, United Kingdom Ratings Category Moody's Rating Outlook Rating(s) Under Review Senior Unsecured *A# Commercial Paper *P-# Other Short Term...1/2/2008 7:28:00 PMhtmlTesco PlcTesco Plc2714150.0000NewsCredit OpinionCOP_2714Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/ccbn/T1710914ccbn/T1710914norm12/31/2007 5:21:38 PMTesco Plc.54.0000FinalTesco Plc. Trading Update - Conference Call TranscriptTSCDY8:00am UKT...Thank you for standing by and welcome to the Tesco Q# trading statement conference call. At this time all participants are in a listen-only mode. There will be a presentation followed by a question and answer session. (OPERATOR INSTRUCTIONS). I must advise you this conference is being recorded today, Tuesday December #, ####. I would now like to hand the conference over to your speaker today, Terry Leahy. Please go ahead, sir. ... TranscriptT1710914Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/ccbn/B1710914ccbn/B1710914norm12/31/2007 5:21:02 PMTesco Plc.54.0000EditedTesco Plc. Trading Update - Conference Call SummaryTSCDY8:00am UKT...Thank you. We will now begin the question and answer session. (OPERATOR INSTRUCTIONS). Your first question comes from Jose Marco from Numis. Please ask your question. ... BriefB1710914Credit & Investment ResearchThomson Street Eventshttp://www.alacrastore.com/storecontent/fitch/343946_report_framefitch/343946_report_framepdfTesco plcTSCOFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.Full Rating Report8035996938512/24/2007 11:15:41 AM343946_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/fitch/361686_report_framefitch/361686_report_framepdf010303012508036105601030101Accor S.A.12017METRO AG80360209MEOJ. Sainsbury plcCasino Guichard-Perrachon S.A.01255880359969Carrefour S.A.SBRY12040Special Report803613000103000001210180359964AH0100000001032100L'Oreal SA8036083412/13/2007 2:14:00 PM01203280359949CPGLVMH Moet Hennessy-Louis Vuitton SATSCOCompass Group plc80360208809552378036059401212201030300804171790103010001030200Tesco plc80362463Sodexho Alliance S.A.Koninklijke Ahold N.V.361686_report_frameCredit & Investment ResearchFitchResearchhttp://www.alacrastore.com/storecontent/moodys/PBC_106332moodys/PBC_106332pdfAnalysis12/10/2007 12:12:46 PM...Tesco Plc ( Tesco rated A#/Stable) is the UK s leading food retailer, controlling over ##% of the British gr ocery market (as per TNS supermarket survey). Tesco s market share has grown steadily over t he past several years on the back of like- for-like ( LFL ) sales growth that has been above the sector average as well as successful store extension and store expansion programmes. ... Tesco Plc2714300.0000AnalysispdfTesco PlcPBC_106332Credit & Investment ResearchMoody's Global Credit Research