Kesko Oyj - Other information disclosed according to the rules of the Exchange

Kesko Corporation begins the acquisition of own shares and transfers own shares held by the Company as treasury shares

The Board of Directors of Kesko Corporation has decided to use the authorisation
granted by the General Meeting held on 11 April 2018 to acquire the Company’s
own B shares. The shares will be acquired to fulfil obligations related to the
Company’s share-based commitment and incentive plans. The Board has also decided
to implement the resolution made by the General Meeting on 11 April 2018 to pay
approximately 30% of the annual remuneration for members of the Board in B
series shares in the Company, by using B series shares held by the Company as
treasury shares in the payment of the share portion of the remuneration.

In its meeting on 24 April 2018, the Board of Directors of Kesko Corporation
decided to use the authorisation granted by the General Meeting held on 11 April
2018 to acquire the Company’s own B shares. Based on the authorisation granted
by the General Meeting, the Board has decided to initiate a fixed-term share buy
-back programme for the purpose of acquiring the Company’s own shares in order
to implement the commitment and incentive plan for the Company’s management and
other members of personnel. The share acquisitions will begin at the earliest on
26 April 2018 and they will end at the latest on 31 July 2018. The maximum
number of shares to be acquired is 500,000, which represents approximately 0.5
per cent of all shares in Kesko Corporation and 0.7 per cent of Kesko
Corporation’s series B shares.

The maximum sum to be used for share acquisitions under the buy-back programme
is €25 million, with a maximum price per share of €50.00. The number of shares
to be acquired cannot be more than 20% or less than 10% of the average daily
trading volume of Kesko Corporation’s B shares. The average daily volume is
based on the average daily volume of the 20 trading days preceding each trading
day. The shares will be acquired with the Company's distributable unrestricted
equity, not in proportion to the shareholdings of shareholders. The shares will
be acquired at the market price quoted in trading organised by Nasdaq Helsinki
Ltd on a regulated market at the time of acquisition.

The Board of Kesko Corporation has also decided to implement the resolution made
by the General Meeting on 11 April 2018 to pay a portion of the annual
remuneration of Board members in B shares in the Company, by using the valid
authorisation granted by the General Meeting of 4 April 2016 to transfer own B
shares held by the Company as treasury shares to the members of the Board. The
total number of shares to be transferred is 2,759 B shares which, in line with
the resolution of the General Meeting, corresponds to approximately 30% of the
annual remuneration of each Board member calculated on the closing price of the
date of the Board’s meeting, 24 April 2018. The transfer of the shares is to be
implemented by 31 May 2018 at the latest. A Board member cannot transfer shares
obtained in this manner until either three years have passed from the day the
member has received the shares or their membership on the Board has ended,
whichever comes first.

The resolutions of the General Meeting were communicated in a stock exchange
release on 11 April 2018.

Further information is available from Mika Majoinen, EVP, Group General Counsel,
tel. +358 105 322 206.

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Nasdaq Helsinki Ltd
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www.kesko.fi