Kesko Oyj - Notice to general meeting

Notice of Annual General Meeting

KESKO CORPORATION STOCK EXCHANGE RELEASE 01.03.2010 AT 08.00 1(4)

Notice is given to Kesko Corporation's shareholders of the Annual General
Meeting which will be held in the Helsinki Fair Centre's congress wing,
Messuaukio 1 (congress wing entrance), Helsinki on Monday, 29 March 2010 at
13.00. The reception desks for those registered for the meeting open and coffee
is served at 12.00.

A. Items on the agenda of the General Meeting

1. Opening of the meeting

2. Calling the meeting to order

3. Election of persons to scrutinise the minutes and to supervise the counting
of votes

4. Recording the legality of the meeting

5. Recording the attendance at the meeting and adoption of the list of votes

6. Review by the President and CEO

7. Presentation of the 2009 financial statements, the report of the Board of
Directors and the auditors' report

8. Adoption of the financial statements

9. Distribution of the profit shown on the balance sheet and resolution on the
payment of dividend

The Board of Directors proposes that a dividend of €0.90 per share be paid for
the year 2009 on the basis of the adopted balance sheet. The dividend is paid to
shareholders registered in the company's register of shareholders kept by
Euroclear Finland Ltd on 1 April 2010, the record date of dividend distribution.
The Board of Directors proposes that the dividend pay date be 12 April 2010. In
addition, the Board of Directors proposes that €1,300,000 be reserved for
charitable donations.

10. Resolution on discharging the Board members and the Managing Director from
liability

11. Resolution on the Board members' fees and the basis for reimbursement of
expenses

Shareholders who jointly represent over 10% of the votes carried by the Kesko
Corporation shares have informed the company that their proposal for a
resolution on the Board members' fees at the Annual General Meeting will be that
the fees be unchanged and paid as follows:

The Chair of the Board is paid an annual fee of €80,000, the Deputy Chair of the
Board €50,000, and a member of the Board €37,000. A meeting fee of €500 per
meeting is paid for a Board meeting and its Committee's meeting, with the
exception that the Chair of a Committee who is not the Chair or the Deputy Chair
of the Board is paid €1,000 per Committee meeting.

12. Resolution on the number of members of the Board of Directors

Shareholders who jointly represent over 10% of the votes carried by the Kesko
Corporation shares have informed the company that they will propose at the
Annual General Meeting that the number of members of the Board of Directors be
the present seven (7).
13. Election of the members of the Board of Directors

According to Article 4 of the Articles of Association, the term of the Board of
Directors' members is three years, so that the term begins at the close of the
General Meeting electing the members and expires at the close of the third
subsequent Annual General Meeting.

The Annual General Meeting held on 30 March 2009 resolved that the number of
members of the Board of Directors is seven (7), and elected Heikki Takamäki,
Seppo Paatelainen, Maarit Näkyvä, Ilpo Kokkila, Esa Kiiskinen, Mikko Kosonen and
Rauno Törrönen as members of the Board of Directors. The term of each elected
Board member will expire at the close of the 2012 Annual General Meeting.

14. Resolution on the auditor's fee and the basis for reimbursement of expenses

The Board of Directors' Audit Committee proposes to the General Meeting that the
auditor's fee be paid and expenses reimbursed according to invoice approved by
the company.

15. Election of the auditor

The Board of Directors' Audit Committee proposes to the General Meeting that the
firm of auditors PricewaterhouseCoopers Oy, Authorised Public Accountants, who
have announced Johan Kronberg, APA, to be the auditor with principal
responsibility, be elected as the auditor of the company.

16. The Board of Directors' proposal for the amendment of Article 9 of the
Articles of Association

In consequence of the amendment to the Finnish Companies Act effective 31
December 2009, the Board of Directors proposes that Article 9 of the Articles of
Association be amended so that the notice of a General Meeting shall be given
not later than three weeks before the General Meeting, but in any case at least
nine days before the record date of the General Meeting, referred to in Chapter
4, Article 2, Subsection 2 of the Finnish Companies Act.

17. Closing of the meeting


B. General Meeting documents

The Board of Directors' and its Audit Committee's proposals, as well as this
notice of the meeting are available to shareholders on Kesko Corporation's
website at www.kesko.fi/Investors. Kesko Corporation's Annual Report, including
the company's financial statements, the report by the Board of Directors and the
auditors' report, will be made available on the company website on 5 March
2010. The proposals made to the General Meeting and the financial statements
will also be available at the General Meeting, and copies of the documents and
of this notice will be sent to shareholders on request. The minutes of the
General Meeting will be made available to shareholders on the company's website
from 12 April 2010.


C. Instructions for meeting participants

1. Right to participate and registration

Shareholders have the right to participate in the General Meeting if they are
registered as shareholders in the company's register of shareholders kept by
Euroclear Finland Ltd on 17 March 2010. Shareholders whose shares are registered
on their personal Finnish book-entry accounts are registered in the company's
register of shareholders.

Shareholders wishing to participate in the General Meeting shall notify the
company not later than 24 March 2010 at 16.00, either

a) through the Internet at www.kesko.fi/Investors following the instructions
therein,
b) by e-mail to taina.hohtari@kesko.fi,
c) by telephone +358 1053 23211 (from Monday to Friday between 9 and 16),
d) by fax +358 1053 23421, or
e) by letter to Kesko Corporation, Legal Affairs, Satamakatu 3, FI-00016 Kesko.

The registration information shall include the shareholder's name, personal
ID/business ID, address, telephone number and possible assistant's or proxy
representative's name and personal ID. The personal information will only be
used in connection with the General Meeting and when handling the related
necessary registrations.

In accordance with Section 25, Chapter 5 of the Finnish Companies Act,
shareholders participating in the General Meeting have the right to request
information about matters handled at the General Meeting.

2. Proxy representatives and proxy documents

A shareholder may participate in the Annual General Meeting by way of proxy
representation. The proxy representative shall produce a dated proxy document,
or otherwise provide reliable evidence of his/her right to represent the
shareholder.

If a shareholder's shares are registered on more than one book-entry accounts,
he/she has the right to use separate proxy representatives for the shares on
each book-entry account. The shares represented by each proxy representative
must be notified on registration.

The original copies of any proxy documents shall be posted to the above address
by the end of the registration period.

3. Holders of nominee registered shares

Holders of nominee registered shares are advised to request necessary
instructions for registering in the shareholder register, submitting proxies and
registering for the General Meeting from their custodian banks well in advance.
Holders of nominee registered shares wishing to participate in the Annual
General Meeting shall be registered in the temporary register of the company's
shareholders based on the information provided by the account operator of the
custodian bank not later than 24 March 2010 at 10.00.

4. Other information

At the date of the notice of the General Meeting, 1 March 2010, the company had
31,737,007 A shares and 66,648,734 B shares, and the total number of shares was
98,385,741. The A shares carry 317,370,070 votes, the B shares carry 66,648,734
votes, and the aggregate number of votes carried by the shares is 384,018,804.

Helsinki, 4 February 2010

KESKO CORPORATION

BOARD OF DIRECTORS

Further information is available from Vice President, General Counsel Anne
Leppälä-Nilsson, tel. +358 1053 22347.


Kesko Corporation



Paavo Moilanen
Senior Vice President, Corporate Communications and Responsibility


DISTRIBUTION
Helsinki Stock Exchange
Main news media
www.kesko.fi





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