Share subscriptions with Kesko's 2007B and 2007C options


KESKO CORPORATION STOCK EXCHANGE NOTIFICATION 27.12.2012 AT 09.30 1(1) 

By 7 December 2012, a total of 18,610 new company B shares had been subscribed for with the 2007B and 2007C options based on Kesko Corporation's 2007 stock option scheme. The subscribed shares have today been entered in the Trade Register. The whole subscription price of €250,816.80 is recorded in the company's reserve of invested non-restricted equity. As a result of the subscriptions, the number of the company B shares has reached 66,975,333. The new B shares will be available for public trading on NASDAQ OMX Helsinki together with the old B shares from Friday, 28 December 2012.

By 7 December 2012, a total of 80 new B shares had been subscribed for with 2007B options and a total of 18,530 for with 2007C options. The share subscription price with 2007B options is €22.17 per share and with 2007C options is €13.44 per share.

After the subscriptions, the total number of company shares has risen to 98,712,340, of which 31,737,007 are A shares and 66,975,333 are B shares. Each A share carries ten votes and each B share one vote. After the subscriptions, the number of votes carried by the company shares is 384,345,403. The new B shares carry the right to dividend and other shareholder rights with effect from today.

The options are based on the resolution on the 2007 option scheme passed at the company's Annual General Meeting on 26 March 2007. Three units with an equal number of shares, i.e. 2007A, 2007B and 2007C, or an aggregate of 3,000,000 options have been issued under the scheme. One option entitles its holder to subscribe for one company B share during the subscription period, which is 1 April 2011-30 April 2013 for 2007B options and 1 April 2012-30 April 2014 for 2007C options. The share subscription period for 2007A options expired on April 30, 2012.

After the subscriptions, 989,620 B shares remain to be subscribed for with 2007B options and 939,332 B shares remain to be subscribed for with 2007C options.

The terms and conditions of the 2007 stock option scheme can be read on Kesko's website at: www.kesko.fi. The terms and conditions of the option scheme were also published in a stock exchange release on 26 March, 2007.

Further information is available from Corporate Counsel Jarkko Karjalainen, telephone +358 10 53 22602.

Kesko Corporation

Merja Haverinen
Vice President, Corporate Communications and Responsibility 

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