Note 49

Management's shareholdings

At the end of December 2008, the members of Kesko Corporation's Board of Directors, the Managing Director and the corporations under their control held 202,910 Kesko Corporation A shares and 210,370 Kesko Corporation B shares, i.e. a total of 413,280 shares representing 0.42% of the company's share capital and 0.58% of its voting rights.

At 31 December 2008, the Managing Director held 2,000 Kesko Corporation A shares and 7,000 Kesko Corporation B shares, which represent 0.01% of the company's share capital and 0.01% of its voting rights. In addition, the Managing Director holds 100,000 share options, which comprise 50,000 2007B options granted in 2008. Supposing that shares have been subscribed for with the Managing Director's options, the options represent 0.1% of the share capital and 0.03% of the voting rights.


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