KESKO CORPORATION SELLS REAL ESTATE TO CASTRUM

Kesko Corporation and its subsidiaries Hämeenkylän Kauppa Oy and K-Cash & Carry Ltd, Kesko’s associated company Center-yhtiöt Oy and Kesko Pension Fund have decided with Castrum Oyj to make a preliminary agreement about selling warehouse and logistic real estate properties to Castrum Oyj at FIM 246.8 million. As part of the price, Kesko is to subscribe to Castrum shares to the value of FIM 123.4 million at the price of FIM 9 per share.

Major real estate to be sold include Kesko’s district centre premises in Kuopio, Tampere and Turku. Kesko rents back the premises in its use under long-term leases.

For further information, please contact Vice President Heikki Valkjärvi or Director Risto Lassila, telephone +358 10 5311.

KESKO CORPORATION
Corporate Communications

Erkki Heikkinen
Director

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