KESKO CORPORATION STOCK EXCHANGE RELEASE 25.02.2008 AT 09.30 1(2) Notice of Annual General Meeting Notice is given to Kesko Corporation's shareholders of the Annual General Meeting to be held at the Helsinki Fair Centre's congress wing, Messuaukio 1 (congress wing entrance), Helsinki, on Monday, 31 March 2008 at 13.00 hrs. The meeting will handle the matters specified for the Annual General Meeting in accordance with the Articles of Association: 1. Presentation of the financial statements, the Board of Directors' report and the audit report, and the adoption of the financial statements. 2. Use of profit The Board of Directors proposes that a dividend of €1.60 per share be paid for the year 2007 on the basis of the adopted balance sheet. The dividend shall be paid to shareholders registered in the company's register of shareholders kept by the Finnish Central Securities Depository Ltd on 3 April 2008. The Board of Directors proposes that the dividend pay date be 10 April 2008. In addition, the Board of Directors proposes that €300,000 be reserved for charitable donations. 3. Making the decision on discharging the Board of Directors' members and the Managing Director from liability 4. Fees of the Board of Directors' members and auditors, and reimbursement basis The Board of Directors proposes, on the recommendation of its Audit Committee, that the auditor elected be paid according to invoice. 5. Number and election of the Board of Directors' members According to the Articles of Association, the company's Board of Directors consists of a minimum of five (5) and a maximum of eight (8) members and the term of office of each member is three (3) years with the term starting at the close of the General Meeting electing the member and expiring at the close of the third (3rd) Annual General Meeting after the election. The Annual General Meeting held on 27 March 2006 decided that the number of Board members is seven (7), and seven (7) members were elected to the Board, in accordance with the Articles of Association, for terms expiring at the close of the 2009 Annual General Meeting. The Annual General Meeting held on 26 March 2007 decided to confirm that the number of the Board members is seven (7). 6. Election of the auditor The Board of Directors proposes, on the recommendation of its Audit Committee, that the auditor be the firm of auditors PricewaterhouseCoopers Oy, Authorised Public Accountants, who have announced Johan Kronberg, APA, to be their auditor with principal responsibility. Display for public inspection The financial statements will be available for inspection by shareholders from 13 March 2008 on the company's Internet pages at www.kesko.fi/investors, and at the company's main office at Satamakatu 3, Helsinki. Copies of the documents will be sent to shareholders on request. They will also be available at the Annual General Meeting. Right to attend Shareholders have the right to attend the Annual General Meeting if they are registered as shareholders in the company's register of shareholders kept by the Finnish Central Securities Depository Ltd on 20 March 2008, and have notified of their attendance to the Annual General Meeting not later than 25 March 2008 at 16.00. Registering in the shareholder register Holders of nominee-registered shares can be temporarily registered in the company's register of shareholders on 20 March 2008 for the purpose of attending the Annual General Meeting. The request for registration shall be made well in advance to the administrator of the nominee registration. Notification to the Annual General Meeting Shareholders wishing to attend the Annual General Meeting shall notify the company not later than 25 March 2008 at 16.00, either - by mail to Kesko Corporation, Legal Affairs, Satamakatu 3, FI- 00016 Kesko, - by telephone +358 1053 23211, - by fax +358 1053 23421, - by e-mail to taina.hohtari@kesko.fi, or - through the Internet pages at http://www.kesko.fi/investors following the instructions given there. The notifications must be received by the end of the registration period. Shareholders are requested to advise their names and identity numbers or business IDs. Proxies Any proxies authorising the holders to attend the Annual General Meeting shall be sent to the above mailing address by the end of the registration period. Shareholders may use the proxy form at www.kesko.fi/investors in giving the authorisation. Helsinki, 4 February 2008 KESKO CORPORATION'S BOARD OF DIRECTORS Further information is available from Anne Leppälä-Nilsson, General Counsel, telephone +358 1053 22347. Kesko Corporation Paavo Moilanen Senior Vice President, Corporate Communications DISTRIBUTION Helsinki Stock Exchange Main news media