Kesko Oyj - Company Announcement

Proposals to Kesko Corporation's Annual General Meeting

KESKO CORPORATION STOCK EXCHANGE RELEASE 05.02.2010 AT 09.30 1(2)


Kesko Corporation's Board of Directors has decided to propose to the Annual
General Meeting to be held on 29 March 2010 that a dividend of €0.90 per share
be paid for 2009, and that an amendment be made to the Articles of Association.
The Board of Directors' Audit Committee proposes that the firm of auditors
PricewaterhouseCoopers Oy, Authorised Public Accountants, be elected as the
auditor of the company.

Kesko Corporation's shareholders are invited to the Annual General Meeting to be
held in the Helsinki Fair Centre's congress wing, Messuaukio 1 (congress wing
entrance), Helsinki, on Monday, 29 March 2010, starting at 13.00. In addition to
the business specified for the Annual General Meeting in Article 10 of the
Articles of Association, the following proposals of the Board of Directors and
its Audit Committee will be handled by the Meeting:

Distribution of profit

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 would be
paid to shareholders registered in the Company's register of shareholders kept
by Euroclear Finland Ltd on 1 April 2010. The Board of Directors proposes that
the dividend pay date be 12 April 2010. In addition, the Board of Directors
proposes that €1,300,000.00 be reserved for charitable donations.
Auditor, auditor's fee and basis for reimbursement of expenses

The Board of Directors' Audit Committee proposes that the auditor be the firm of
auditors PricewaterhouseCoopers Oy, Authorised Public Accountants, who have
announced Johan Kronberg, APA, to be their auditor with principal
responsibility. The Board of Directors' Audit Committee proposes that the
auditor's fee and expenses be reimbursed according to invoice approved by the
company.
Amendment to the Articles of Association (appendix 1)

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.

The financial statements and the proposals of the Board of Directors and its
Audit Committee will be published on the company's website on week 9. The exact
date will be notified in a separate stock exchange release. Copies of the
documents will be sent to shareholders on request. They will also be available
at the Annual General Meeting.

The notice of the Annual General Meeting will be published separately at a later
date in Helsingin Sanomat and Kauppalehti, and as a stock exchange release.


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
NASDAQ OMX Helsinki
Main news media
www.kesko.fi


Appendix 1

PROPOSAL BY KESKO CORPORATION'S BOARD OF DIRECTORS
TO AMEND ARTICLE 9 OF THE ARTICLES OF ASSOCIATION

Kesko Corporation's Board of Directors proposes to the Annual General Meeting to
be held on 29 March 2010 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.

Proposed new Article 9 of Kesko Corporations' 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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