Kesko is negotiating on the disposal of its grocery trade operations in Russia

KESKO CORPORATION STOCK EXCHANGE RELEASE 21.10.2016 AT 17.00 1(1)

Kesko is negotiating on the disposal of its grocery trade operations in Russia

Kesko is negotiating on the disposal of its Russian grocery trade operations with Lenta Ltd.

Owing to the media queries that have come to Kesko's knowledge, Kesko confirms that it is negotiating on the disposal of its Russian grocery trade operations with Lenta.

The negotiations are in progress and for the present, the outcome of the negotiations is not certain. If the negotiations progress to signing an agreement, it will be announced separately. This release contains insider information.

Further information is available from Lauri Peltola, Senior Vice President, Communications, Corporate Responsibility and Stakeholder Relations, tel. +358 105 322 400, +358 505 705 606, lauri.peltola@kesko.fi.

Kesko Corporation

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