Kesko Oyj - Company Announcement

Shareholder's proposal to the Annual General Meeting for the number of Kesko Corporation's Board members and their remuneration

KESKO CORPORATION STOCK EXCHANGE RELEASE 16.02.2010 AT 16.30 1(1)

Kesko Corporation's shareholders jointly representing over 10% of the votes
carried by the company shares have made a proposal to the Annual General Meeting
to be held on 29 March 2010 for the number of the Board members and their
remuneration.

Proposal for the number of the Board members

Kesko Corporation's shareholders who jointly represent over 10% of the votes
carried by the company shares have proposed that the company's Annual General
Meeting decide the number of the Board members to be the present seven (7).

Proposal for the remuneration of the Board members and the Board Committees'
members

In addition, the said shareholders propose that the remuneration of the Board
members and the Board Committees' members be unchanged and paid as follows:

- the Chair of the Board, an annual fee of 80,000 euros,
- the Deputy Chair of the Board, an annual fee of 50,000 euros,
- a member of the Board, an annual fee of 37,000 euros,
- a meeting fee of 500 euros/meeting for a Board meeting and its Committee's
meeting, and a meeting fee of 1,000/meeting to a Chair of a Committee who is not
the Chair or the Deputy Chair of the Board.

The above proposals will be included in the notice of the Annual General Meeting
which will be published separately.

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.

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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