Decisions by the organising meeting of Kesko Corporation's Board of Directors

The organising meeting of Kesko Corporation's Board of Directors held after the Annual General Meeting elected Heikki Takamäki as its Chairman and Keijo Suila as its Deputy Chairman. The Board elected Maarit Näkyvä as the Chairman of the Audit Committee and Heikki Takamäki as the Chairman of the Compensation Committee.

Kesko Corporation's Annual General Meeting today confirmed the number of Board members to be seven (7) and elected retailer Pentti Kalliala, Ilpo Kokkila, Executive Vice President Maarit Näkyvä, Seppo Paatelainen, Keijo Suila (Deputy Chairman), retailer Jukka Säilä and retailer Heikki Takamäki (Chairman) as Board members.

The term of office of each Board member, in accordance with the Articles of Association, is three years with the term starting at the close of the General Meeting electing the member and expiring at the close of the third Annual General Meeting after the election (in 2009).

The Board of Directors' Audit Committee consists of Maarit Näkyvä (Chairman),Seppo Paatelainen and Keijo Suila.The Board of Directors' Compensation Committee consists of Heikki Takamäki (Chairman), Pentti Kallialaand Keijo Suila. The committees' terms of office always expire at the Annual General Meeting.

On the basis of the evaluation of independence carried out by the Board of Directors, all members of the Audit Committee are independent of the company and its significant shareholders.

Further information is available from Corporate Secretary, Director Mika Majoinen, telephone +358 1053 22206.

Kesko Corporation

Paavo Moilanen
Senior Vice President, Corporate Communications

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