Subscription of Kesko Corporation's B shares with warrants


During the period from 11 December to 31 December 2003, a total of 24,300 Kesko's B shares were subscribed with C warrants under the 2000 stock option scheme. In accordance with the terms of the stock option scheme, the subscription price with C warrants is EUR 10.11 per share. The increase in the share capital as a consequence of these subscriptions is planned to be entered in the Trade Register on 6 February 2004.
 
Further information:
Vice President, Legal Affairs Anne Leppälä-Nilsson tel. +358 1053 22347.
 
KESKO CORPORATION
Corporate Communications
 
Atte Kaksonen
Manager
 
DISTRIBUTION
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