INVESTOR ALERT: Investigation on Behalf of Tesco PLC Shareholders Announced by Glancy Binkow & Goldberg LLP

Glancy Binkow & Goldberg LLP announces that it is investigating potential claims on behalf of purchasers of the American Depositary Receipts (“ADRs”) of Tesco PLC (“Tesco” or the “Company”) (OTC:TSCDY) concerning possible violations of federal securities laws. The investigation focuses on certain statements issued by the Company concerning Tesco’s operations and financial performance.

Please contact Lesley Portnoy at (310) 201-9150, or at shareholders@glancylaw.com to discuss this matter. If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

Tesco, together with its subsidiaries, operates as a grocery retailer through stores offering food, groceries, clothing and general merchandise. The Company also provides retail banking, financial and insurance services. The investigation is related to Tesco’s September 22, 2014, disclosure that the Company is investigating the overstatement of its profit forecast for 2015 by approximately $408.8 million. According to the Company, its most recent profit forecast for fiscal 2015 was overestimated as a result of an accounting error related to revenue that was booked early and by delayed recognition of costs. During a conference call, the Company’s chief executive officer told analysts and investors that an “informed employee” voiced concerns to the Company’s general counsel about the accounting issue, and that a “a number of people,” including four senior executives, have been suspended pending the conclusion of the Company’s investigation. Following these disclosures, Tesco shares dropped as much as 14%, or $1.60 per share, in intraday trading on September 22, 2014.

If you purchased Tesco ADRs, if you have information, or would like to learn more, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, Esquire, of Glancy Binkow & Goldberg LLP, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at (310) 201-9150, Toll Free at (888) 773-9224, by e-mail to shareholders@glancylaw.com, or visit our website at http://www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

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