Kesko Oyj - Decisions of general meeting

Resolutions of Kesko Corporation's Annual General Meeting

KESKO CORPORATION STOCK EXCHANGE RELEASE 29.03.2010 AT 15.45 1(3)

Kesko Corporation's Annual General Meeting today adopted the financial
statements for 2009 and discharged the Board of Directors' members and the
Managing Director from liability. The Annual General Meeting resolved to
distribute €0.90 per share as dividends. The Annual General Meeting resolved
that the number of members of the Board of Directors is seven and elected
PricewaterhouseCoopers Oy as the company's auditor.

A total of 555 shareholders participated in the Annual General Meeting.

The Annual General Meeting handled the business specified for it in the Articles
of Association and the other matters listed below.

Resolutions of the Annual General Meeting

Adoption of the financial statements
The Annual General Meeting adopted Kesko Corporation's financial statements for
2009 and the consolidated financial statements.

Use of profit
The Annual General Meeting resolved to distribute a dividend of €0.90 per share
on Kesko Corporation shares, or a total amount of €88,547,166.90. The record
date for dividend distribution is 1 April 2010 and the dividend pay date was
resolved to be 12 April 2010.

€1,300,000 was reserved for charitable donations at the discretion of the Board
of Directors. €962,013,856.17 was retained in equity.

Discharge from liability
The Annual General Meeting discharged the Board members and the Managing
Director from liability for the financial year 2009.

Board of Directors
The Annual General Meeting resolved to leave the number of Board members
unchanged at seven (7).

The Annual General Meeting resolved to leave the Board members' fees unchanged
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. In addition, the Annual
General Meeting resolved that daily allowances and compensation for travelling
expenses are paid to the members of the Board of Directors and the members of
the Committees in accordance with the general travel rules of Kesko.

According to Kesko's Articles of Association, the term of each Board member
elected by the Annual General Meeting held on 30 March 2009, namely Heikki
Takamäki, Seppo Paatelainen, Maarit Näkyvä, Ilpo Kokkila, Esa Kiiskinen, Mikko
Kosonen and Rauno Törrönen, will expire at the close of the 2012 Annual General
Meeting.

Auditor
The Annual General Meeting resolved that the auditor's fee is paid and expenses
are reimbursed according to invoice approved by the company. The Annual General
Meeting elected the firm of auditors PricewaterhouseCoopers Oy, Authorised
Public Accountants, with Johan Kronberg, APA, as the company's auditor with
principal responsibility.

Amendment of Article 9 of the Articles of Association
The Annual GeneralMeeting resolved that Article 9 of the Articles of
Association, providing for the convocation period, is 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
Companies Act (the new Article 9 is available in appendix).

Effect of the dividend on Kesko Corporation's stock option schemes
The dividend resolved by the Annual General Meeting reduces the subscription
prices of shares subscribed for with the 2003F stock options of Kesko
Corporation's year 2003 stock option scheme and with the 2007A, 2007B and 2007C
stock options of the year 2007 stock option scheme in accordance with the terms
and conditions of the schemes.

As from 1 April 2010, the record date for the payment of dividends, the
subscription prices of new B shares subscribed for with the above stock options
shall be as follows:


 Stock option ISIN code    B share       Exercise period   Short name
                           subscription
                           price

 2003F        FI0009609333 €12.98       1.4.2007-30.4.2010 KESBVEW303

 2007A        FI0009637201 €42.32       1.4.2010-30.4.2012 KESBVEW107

 2007B        FI0009637219 €24.67       1.4.2011-30.4.2013 KESBVEW207
 2007C        FI0009637227 €15.94       1.4.2012-30.4.2014 KESBVEW307


The Board of Directors' proposals to the Annual General Meeting were published
in a stock exchange release on 5 February 2010. The notice of Annual General
Meeting was also published in a stock exchange release on 1 March 2010.

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


Kesko Corporation



Paavo Moilanen
Senior Vice President, Corporate Communications and Responsibility


DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi



Appendix


NEW ARTICLE 9 OF KESKO CORPORATION'S ARTICLES OF ASSOCIATION"§ 9
Notice of the General Meeting

The notice of a General Meeting shall be given to shareholders by means of an
announcement published in at least two (2) national newspapers. The notice of
the meeting shall be given at the earliest two (2) months and at the latest
three (3) weeks before the General Meeting. In any case, the notice must be
given at least nine (9) days before the record date of the General Meeting,
referred to in Chapter 4, Article 2, Subsection 2 of the Companies Act.

To have the right to attend a General Meeting, shareholders shall register with
the company not later than on the date given in the notice of the meeting, which
date may not be earlier than ten (10) days prior to the meeting."



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