Kesko Oyj - Company Announcement

Supplementary financial information concerning the target of acquisition announced in Kesko's stock exchange release on 18 November 2015

KESKO CORPORATION STOCK EXCHANGE RELEASE 18.11.2015 AT 12.45 1(2)

Supplementary financial information concerning the target of acquisition
announced in Kesko's stock exchange release on 18 November 2015

Kesko Corporation announced today, 18 November 2015, in a stock exchange release
that its subsidiary Kesko Food Ltd has made an agreement to acquire the whole
share capital of Suomen Lähikauppa Oy from the private equity investment firm
Triton. The net sales of Suomen Lähikauppa in 2014 were €999.2 million, it has
643 Siwa and Valintatalo stores and 4,100 employees. The transaction price of
the debt-free acquisition, structured as a share purchase, is approximately €60
million.

The table below presents supplementary information on the financial performance
and financial position of Suomen Lähikauppa Group.

INCOME STATEMENT              1-9/2015



Net sales                        713.6

Cost of goods sold              -519.1

Gross profit                     194.5

Other operating income             4.1

Employee benefit expenses       -102.7

Depreciation and amortisation    -11.8

Other operating expenses         -88.4

Operating profit                  -4.3

Finance income and expenses       -0.5

Profit before tax                 -4.8

Income tax                         0.0

Profit for the period             -4.8


BALANCE SHEET                          30.9.2015



Total assets

Non-current assets

Intangible assets                           11.0

Tangible assets                             53.0

Other investments                           10.5

Deferred tax assets                         15.0

Total non-current assets                    89.5

Current assets

Inventories                                 40.2

Trade receivables                            3.8

Other receivables                            9.6

Cash and cash equivalents                    9.6

Total current assets                        63.2

Total assets                               152.7



Equity and liabilities

Equity                                       7.6

Non-controlling interest                     1.3

Total equity                                 8.9

Provisions                                   0.8

Current liabilities

Interest-bearing liabilities                 8.2

Trade payables                              84.8

Other non-interest-bearing liabilities      49.9

Deferred tax liabilities                     0.1

Total current liabilities                  142.9

Total equity and liabilities               152.7


The information is unaudited and is based on management reporting of Suomen
Lähikauppa Group.

Further information:
Jukka Erlund, Chief Financial Officer, tel. +358 105 322 113
Lauri Peltola, Senior Vice President, corporate responsibility, communications
and stakeholder relations, tel. +358 105 322 400


Kesko Corporation



Merja Haverinen
Vice President, Group Communications


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


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