Kesko Oyj - Company Announcement

Kesko's sales increased in May

KESKO CORPORATION STOCK EXCHANGE RELEASE 14.06.2016 AT 09.00 1(2)

Kesko's sales increased in May

Kesko Group's sales in May 2016 totalled €841.0 million and were up 13.2%. In
comparable terms, sales increased by 5.2% in local currencies, excluding the
impact of Suomen Lähikauppa.

"In May, Kesko's sales increased in all strategic growth areas, i.e. the grocery
trade, the building and home improvement trade and the car trade," says Kesko's
President and CEO Mikko Helander.

The sales of Kesko's grocery trade in May were €465.6 million and increased by
23.1%. Suomen Lähikauppa excluded, the sales of the grocery trade were €391.6
million, representing a comparable change of +4.2%. There were two delivery days
more than in the previous year.

The sales of the home improvement and speciality goods trade in May were €305.9
million, up 6.8% in local currencies. In Finland, sales grew by 4.6%. Outside
Finland, sales increased by 9.1% in local currencies. The sales of the building
and home improvement trade increased by 6.4% in local currencies. The sales of
the leisure trade increased by 12.9% in local currencies and the sales of the
agricultural and machinery trade by 9.0%.

The sales of the car trade in May were €70.7 million, up 8.2% from the previous
year.

Kesko Group's sales in euros, excluding VAT, in May 2016:

                                                  May 2016            Comparable

                                                  € million Change, %  change, %


Grocery trade, total                                  465.6     +23.1       +4.2

Home improvement and speciality goods trade,
Finland                                               159.9      +4.6       +4.6

Home improvement and speciality goods trade,
other countries                                       146.0      +1.2       +9.1

Home improvement and speciality goods trade,
total                                                 305.9      +2.9       +6.8

Car trade, total                                       70.7      +8.2       +8.2

Common functions and eliminations                      -1.2

Grand total                                           841.0     +13.2       +5.2



Finland, total                                        685.2     +16.4       +4.3

Other countries, total                                155.7      +1.1      +10.2

Grand total                                           841.0     +13.2       +5.2




Kesko Group's sales in euros, excluding VAT, in January-May 2016:

                                                   1.1. - 31.5.2016   Comparable

                                                  € million Change, %  change, %


Grocery trade, total                                1,989.6      +5.6       -0.1

Home improvement and speciality goods trade,
Finland                                               749.4      -5.9       +0.7

Home improvement and speciality goods trade,
other countries                                       583.9      -1.4       +6.4

Home improvement and speciality goods trade,
total                                               1,333.3      -4.0       +3.2

Car trade, total                                      377.0      +9.0       +9.0

Common functions and eliminations                      -1.8

Grand total                                         3,698.2      +2.2       +1.8



Finland, total                                      3,069.8      +2.8       +0.6

Other countries, total                                628.4      -0.6       +8.3

Grand total                                         3,698.2      +2.2       +1.8



Change, %, indicates the change compared to the corresponding period of the
previous year. Comparable change, %, indicates the change compared to the
corresponding period of the previous year in local currencies and excluding the
impact of acquisitions and disposals.

In May 2016, the number of selling days in Kesko's wholesale in Finland was 21,
which was two more than in the previous year. The total number of selling days
in January-May was two more than in the previous year.

Kesko releases advance information on the K-Group's retail sales quarterly, in
connection with interim reports.

Further information is available from Vice President, Group Controller Eva
Kaukinen, tel. +358 105 322 338.

Kesko Corporation



Merja Haverinen
Vice President, Group Communications


DISTRIBUTION
Nasdaq Helsinki Ltd
Main news media
www.kesko.fi

[HUG#2020391]