Flagging notification referred to in Chapter 9, Section 5 of the Securities Market Act

KESKO CORPORATION STOCK EXCHANGE RELEASE 07.02.2017 AT 16.30 1(3)

Flagging notification referred to in Chapter 9, Section 5 of the Securities Market Act

According to a notification received by Kesko Corporation, the combined voting rights in respect of shares in Kesko held by K-Retailers' Association, its Branch Clubs and the Foundation for Vocational Training in the Retail Trade rose to 15 per cent on 3 February 2017 and exceeded 15 per cent on 6 February 2017. After the change in ownership interest, the combined voting rights in respect of shares in Kesko held by K-Retailers' Association, its Branch Clubs and the Foundation for Vocational Training in the Retail Trade is 15.03 per cent as at 6 February 2017.

According to the notification of K-Retailers' Association, its Branch Clubs and the Foundation for Vocational Training in the Retail Trade, the breakdown of shareholding and voting rights after the change in ownership interest is as follows as at 6 February 2017:

Name of issuer company: Kesko Corporation (business ID 0109862-8)

K-Retailers' Association
Share type	Pcs	Percentage of shares (%)	Percentage of votes (%)
A share ISIN: FI0009007900	4,029,019	4.03	10.45
B share ISIN: FI0009000202	0	0.00	0.00
TOTAL	4,029,019	4.03	10.45
K-Food Retailers' Club
Share type	Pcs	Percentage of shares (%)	Percentage of votes (%)
A share ISIN: FI0009007900	484,336	0.48	1.26
B share