Change in Kesko Corporation's holding of treasury shares

KESKO CORPORATION STOCK EXCHANGE RELEASE 27.04.2016 AT 12.30 1(1)

Change in Kesko Corporation's holding of treasury shares

Kesko has today transferred a total of 2,670 own B shares (KESBV) held by the company in treasury to a Kesko management employee included in the target group of the 2015 vesting period of Kesko's three-year share-based compensation plan. A total of 1,303 B shares (KESBV) have been returned to Kesko Corporation in accordance with the terms and conditions of Kesko's share-based compensation plan 2014-2016. The shares had initially been transferred to a person included in the target groups of the 2014 and 2015 vesting periods of the share-based compensation plan.

The share transfer is based on the decision of Kesko's Board or Directors, announced in a stock exchange release on 3 February 2016, to grant own B shares held by the company in treasury based on the fulfilment of the vesting criteria of the 2015 vesting period.

After the transfer and return of shares, Kesko holds 740,310 own B shares in treasury.

Further information is available from Senior Corporate Counsel Saara Helminen, tel. +358 105 322 602.

Kesko Corporation

Merja Haverinen
Vice President, Group Communications

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