Kesko Oyj — Major Shareholding Notification 2010

Oct 29, 2010

Disclosure 282109

Kesko Oyj - Major shareholder announcements

Flagging notification by virtue of Chapter 2, Section 10 of the Securities Market Act

KESKO CORPORATION STOCK EXCHANGE RELEASE 29.10.2010 AT 17.15 1(2) According to a notice received by Kesko Corporation, the aggregate holding of Kesko shares by K-Retailers' Association, its Branch Clubs and the Foundation for Vocational Training in the Retail Trade exceeded 5 percent on 28 October 2010. According to the K-Retailers' Association's notice, the breakdown of holdings is as follows: Name of target company: Kesko Corporation (business ID 0109862-8) K-Retailers' Association Percentage of shares Percentage of votes (%) (%) Share type Pcs A share 3,408,451 3.46 8.87 ISIN: FI0009007900 B share 40,850 0.04 0.01 ISIN: FI0009000202 TOTAL 3,449,301 3.50 8.88 Foundation for Vocational Training in the Retail Trade Percentage of shares Percentage of votes (%) (%) Share type Pcs A share 793,699 0.80 2.07 ISIN: FI0009007900 B share 152,328 0.15 0.04 ISIN: FI0009000202 TOTAL 946,027 0.96 2.11 K-Food Retailers' Club Percentage of shares Percentage of votes (%) (%) Share type Pcs A share 366,413 0.37 0.95 ISIN: FI0009007900 B share - - - ISIN: FI0009000202 TOTAL 366,413 0.37 0.95 K-Retailers' Association's Speciality Retailers' Club Percentage of shares Percentage of votes (%) (%) Share type Pcs A share 101,748 0.10 0.26 ISIN: FI0009007900 B share - - - ISIN: FI0009000202 TOTAL 101,748 0.10 0.26 K- Retailers' Association's Agricultural and Building and Home Improvement Retailers' Club Percentage of shares Percentage of votes (%) (%) Share type Pcs A share 69,284 0.07 0.18 ISIN: FI0009007900 B share - - - ISIN: FI0009000202 TOTAL 69,284 0.07 0.18 Total of the above Percentage of shares Percentage of votes (%) (%) Share type Pcs A share 4,739,595 4.80 12.33 ISIN: FI0009007900 B share 193,178 0.20 0.05 ISIN: FI0009000202 TOTAL 4,932,773 5.00 12.38 Kesko has a total of 98,641,292 shares, 31,737,007 of which are A shares and 66,904,285 are B shares. Each A share carries ten (10) votes and each B share carries one (1) vote, and the total number of votes carried by the Kesko shares is 384,274,355. The notifiers' full names and business IDs: K-Retailers' Association, business ID 0202334-5. Foundation for Vocational Training in the Retail Trade, business ID 0755499-7. K-Food Retailers' Club, business ID 1524925-5. K-Retailers' Association's Speciality Retailers' Club, business ID 1524940-7. K-Retailers' Association's Agricultural and Building and Home Improvement Retailers' Club, business ID 1524919-1. Further information is available from Corporate Counsel Jarkko Karjalainen, tel. +358 1053 22602. Kesko Corporation Paavo Moilanen Senior Vice President, Corporate Communications and Responsibility DISTRIBUTION NASDAQ OMX Helsinki Main news media www.kesko.fi [HUG#1457306]