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Kesko Oyj Earnings Release 2013

Jun 14, 2013

3222_rns_2013-06-14_a9e7fcd3-7010-4c22-a555-2e240599338e.html

Earnings Release

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Kesko's sales in May 2013

Kesko's sales in May 2013

KESKO CORPORATION STOCK EXCHANGE RELEASE 14.06.2013 AT 09.00 1(2)

The Kesko Group's sales, excluding VAT, in May 2013 totalled €847.0 million,
down 1.7%.

In Kesko's food trade, sales in May were €386.6 million, an increase of 3.9%
compared to the previous year.

In the home and speciality goods trade, sales in May were €111.8 million, a
decrease of 9.5%. Sales performance was particularly impacted by the decrease in
department store sales as well as network changes in Musta Pörssi and Intersport
Russia.

In the building and home improvement trade, sales in May were €262.2 million, a
decrease of 7.7%. Sales in Finland were down 9.9%. Sales abroad decreased in
Norway and Lithuania. This is attributable to the changes that took place in the
chain in Norway in 2012. Sales increased in other countries.

In the car and machinery trade, sales in May were €102.5 million, an increase of
6.1%. VV-Auto's sales in May were €69.9 million, up 18.8%. In the previous year,
sales decreased due to the car tax change effective 1 April 2012. In May,
Volkswagen was the market leader in the first-time registrations of both
passenger cars and vans and the combined market share of the passenger cars and
vans represented by VV-Auto was 22.0% (20.3%). Konekesko's sales in May were
€32.6 million, a decrease of 13.7% from the previous year.

Kesko Group sales in euros, excluding VAT, in May 2013:

May 2013 1.1. - 31.5.2013

€ million Change, % € million Change, %

Food trade, total 386.6 3.9 1,790.5 2.0

Home and speciality goods trade, total
111.8 -9.5 569.5 -6.8

Building and home improvement trade,
Finland 115.5 -9.9 534.1 -4.6

Building and home improvement trade,
other countries 146.6 -5.9 552.6 -10.4

Building and home improvement trade,
total 262.2 -7.7 1,086.7 -7.7

Car and machinery trade, total 102.5 6.1 464.0 -14.0

Common operations and eliminations
-16.0 -70.0

Grand total 847.0 -1.7 3,840.7 -4.3

Finland, total 680.9 -1.2 3,213.8 -3.6

Other countries, total 166.1 -3.6 626.9 -7.5

Grand total 847.0 -1.7 3,840.7 -4.3

Change, % indicates the change over the corresponding period of the previous
year.

In May 2013, the number of selling days in Kesko's wholesale in Finland was 21,
which was the same as in the previous year. The total number of selling days in
January-May was the same as in the previous year. The number of retail selling
days in May was 27, which was the same as in the previous year. The total number
of retail selling days in January-May was one less 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, Corporate Controller Eva
Kaukinen, tel. +358 1053 22338.

Kesko Corporation

Merja Haverinen
Vice President, Corporate Communications

DISTRIBUTION
NASDAQ OMX Helsinki
Main news media
www.kesko.fi

[HUG#1709474]