DECISIONS MADE AT THE ANNUAL GENERAL MEETING OF KESKO LTD

At the Annual General Meeting held on 6 April 1998 the financial statements for 1997 were adopted and those accountable were discharged from their responsibilities. A decision was made to pay a dividend of FIM 3.00 per share. In addition, decisions were made to change Kesko Ltd to a public limited company and to amend section 1 and 14.1 of the Articles of Association.

THE DECISIONS ARE AS SPECIFIED BELOW:

1. Adoption of financial statements
The parent company and consolidated financial statements for 1997 were adopted.

2. Payment of dividends
A decision was made to pay a dividend of FIM 3.00 for Kesko Ltd's shares. 9 April 1998 is the record date and 16 April 1998 is the date from which dividends are payable.

3. Discharge from responsibilities
Those accountable were discharged from their responsibilities for the financial period of 1997.

4. Members of the Supervisory Board
According to the decision made, the Supervisory Board consists of 18 members, and the number of deputy members is 15.

The following persons were elected to replace the members and deputy members of the Supervisory Board whose terms are due to expire, or who have resigned from the Supervisory Board during their terms:

MEMBERS TERM

Hiltunen, Leena Suomussalmi 1999-2000
Kalliala, Pentti Turku 1999-2001
Kannos, Ari Anjalankoski 1999-2001
Sivonen, Kalevi Vantaa 1999-2001

DEPUTY MEMBERS

Lehtinen, Pekka Riihimäki 1999-2001
Mäkinen, Rauno Taipalsaari 1999-2001
Toivakka, Jukka Mikkeli 1999-2001
Viinamäki, Kalevi Pirkkala 1998-2000
Wallin, Timo Mäntsälä 1999-2001

5. Auditors
The auditors elected are:

SVH Coopers & Lybrand Oy, Certified Public Accountants; Auditor with principal responsibility, Pekka Nikula, M.Sc.(Econ.), CPA, and
Mauno Tervo, M.Sc.(Econ.),CPA.

6. Amendments to the Articles of Association
At the Annual General Meeting, a decision was made to change Kesko Ltd to a public limited company and to amend sections 1 and 14.1 of the Articles of Association. The amendments will become effective after they have been entered into the trade register. The sections will read in the amended form as follows:

Section 1

The company's name is Kesko Oyj, which is

- Kesko Abp in Swedish
- Kesko Corporation in English
- Kesko Ag in German.

The company's domicile is Helsinki.

Section 14.1

Invitation to a General Meeting shall be given to shareholders by means of an announcement, which shall be published in at least two newspapers determined by the Supervisory Board. The announcement shall be published at the earliest two months and at the latest one week prior to the date specified under paragraph 1 of section 3a.11 of the Companies Act.

For further information, please contact Director Erkki Heikkinen (telephone +358 1053 22721).

KESKO LTD
Corporate Communications
Erkki Heikkinen
Director

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