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2016-06-01

Kesko Oyj: New organisation for Kesko's building and technical trade

KESKO PRESS RELEASE 01.06.2016 AT 12.05 1(1)

Kesko announced in its stock exchange release published at 12.00 on 1 June
2016 that it renames the home improvement and speciality goods trade division
as the building and technical trade division. The name is changed because
operations have expanded to B2B customers and technical trade.
At the same time, the division's management responsibilities have been
reorganised to support international growth.

The management board led by Terho Kalliokoski, Kesko Executive Vice president
and the President for the building and technical trade division, has been
divided into three profit centres: foreign countries, B2B sales and Finland,
all of which are supported by five common functions units.

Vice President Tommi Kasurinen is responsible for the business operations of
countries outside Finland. His area of responsibility covers Estonia, Latvia,
Lithuania, Belarus, Sweden, Norway, Russia and Poland. Vice President Mikko
Pasanen is responsible for the sales operations to businesses. Pasanen also
acts as Onninen Oy's CEO. Vice President Timo Pesonen is responsible for the
business operations in Finland. His area of responsibility covers the K-rauta
and Rautia chains, as well as the Asko and Sotka chains. Pesonen also acts as
the President of Indoor Group Ltd.

Vice President Timo Heimo is responsible for the development of digital
services, for marketing, logistics and business support. Vice President Jani
Karotie is responsible for commerce, which includes selection composition,
sourcing and commerce support functions. Vice President Jarno Kivinen is
responsible for business development and store sites. Vice President Jennie
Stenbom is responsible for the HR and communication functions. Vice President
Mia Kaitaharju is responsible for the finance, credit and risk management
affairs.

The operating areas of the agricultural and machinery trade as well as the
leisure trade remain unchanged and their Presidents Antti Meriläinen and
Jussi Mikkola report to Terho Kalliokoski.

Further information:

Terho Kalliokoski, Executive Vice President and President for the building and
technical trade division, tel. +358 105 320 200, terho.kalliokoski@kesko.fi

Kesko is a Finnish listed trading sector company. Kesko operates in the
grocery trade, the building and technical trade and the car trade. Its
divisions and chains act in close cooperation with retailer entrepreneurs and
other partners. In 2015, Kesko's net sales totalled €8.7 billion and it
employed more than 20,000 people. Kesko operates in Finland, Sweden, Norway,
Estonia, Latvia, Lithuania, Russia, Belarus and Poland. Kesko's shares are
listed on Nasdaq Helsinki. The company's domicile and main premises are in
Helsinki. www.kesko.fi

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kesko Oyj via Globenewswire

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