Kesko Oyj - Corporate Action

Subscription for Kesko Corporation B shares with stock options

KESKO CORPORATION STOCK EXCHANGE NOTIFICATION 01.07.2008 AT 11.00

In June total of 2,000 new Kesko Corporation B shares were subscribed
for with the stock options marked with symbol 2003E in Kesko
Corporation's 2003 stock option scheme. The corresponding increase in
share capital will be entered in the Trade Register on 28 July 2008.

A total of 2,000 new B shares were subscribed for with Kesko
Corporation's year 2003 stock options marked with symbol 2003E. In
accordance with the terms and conditions of the stock option scheme,
the subscription price of the shares with stock options marked with
symbol 2003E is €8.99 per share.

The terms and conditions of the year 2003 stock option scheme were
published in a stock exchange release on 31 March 2003.

Further information is available from Legal Counsel Minna Hammarberg,
tel. +358 1053 22569.


Kesko Corporation



Anne Leppälä-Nilsson
General Counsel


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