Kesko Oyj - Decisions of general meeting

Resolutions of Kesko Corporation's General Meeting

KESKO CORPORATION STOCK EXCHANGE RELEASE 07.04.2014 AT 15.00 1(2)

Resolutions of Kesko Corporation's General Meeting

Kesko Corporation's Annual General Meeting today adopted the financial
statements for 2013 and discharged the Board members and the Managing Director
from liability. The General Meeting resolved to distribute €1.40 per share as
dividends. The General Meeting resolved that the number of Board members is
seven and elected PricewaterhouseCoopers Oy as the company's auditor. In
addition, the General Meeting approved the Board's proposal for authorising the
Board to make donations.

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

Resolutions of the General Meeting

Adoption of the financial statements
The General Meeting adopted Kesko Corporation's financial statements and the
consolidated financial statements for 2013.

Use of profit
The General Meeting resolved to distribute a dividend of €1.40 per share on
98,917,685 shares held outside the company at the date of dividend distribution,
or a total amount of €138,484,759. No dividend is paid on own shares held by the
Company at the record date of dividend distribution. The record date for
dividend distribution is 10 April 2014 and the General Meeting resolved that the
dividend pay date is 17 April 2014.

Discharge from liability
The General Meeting discharged the Board members and the Managing Director from
liability for the financial year 2013.

Board of Directors
The General Meeting resolved that the number of Board members is seven (7). In
addition, the General Meeting resolved to leave the Board members' fees and the
basis for reimbursement of expenses unchanged. The fees and the basis for
reimbursement of expenses are 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 a fee of €1,000 per Committee meeting. Daily allowances are
paid and travel expenses are reimbursed to Board members in accordance with the
general travel rules of Kesko.

In accordance with the Articles of Association, the terms of office of the seven
(7) Board members elected by the Annual General Meeting on 16 April 2012, namely
Esa Kiiskinen (Ch.), Seppo Paatelainen (Deputy Ch.), Ilpo Kokkila, Tomi
Korpisaari, Maarit Näkyvä, Toni Pokela and Virpi Tuunainen, will expire at the
close of the 2015 Annual General Meeting.

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

Donations for charitable purposes
The General Meeting approved the Board's proposal that it be authorised to
decide on donations in a total maximum of €300,000 for charitable or
corresponding purposes until the Annual General Meeting to be held in 2015, and
to decide on the donation recipients, purposes of use and other terms of the
donations.

Effects of the dividend on Kesko Corporation's 2007 option scheme
The €1.40 dividend per share resolved by the General Meeting reduces the
subscription prices of shares subscribed for with the 2007C options of the 2007
option scheme in accordance with the terms and conditions of the scheme.

As from 10 April 2014, the record date for the payment of dividends, the
subscription prices of new B shares subscribed for with the above options are as
follows:

Option ISIN code    B share      Subscription period      Short name
                    subscription
                    price



2007C  FI0009637227 €10.84       1 Apr. 2012-30 Apr. 2014 KESBVEW307


The proposals to the General Meeting were published in stock exchange releases
on 4 February 2014. The notice of General Meeting was also published in a stock
exchange release on 24 February 2014.

Further information is available from Senior Vice President, General Counsel
Anne Leppälä-Nilsson, tel. +358 105 322 347.


Kesko Corporation



Harri Utoslahti
Communications Manager


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


[HUG#1775100]