Corrections to stock exchange release concerning Kesko’s Q1/2004 interim report dated 29 April 2004
Unfortunately, due to a technical error, the rows of the table "Operating profit by division" on page 3, were misaligned in the English stock exchange release. As a result, the figures and the corresponding headings in the left-hand column did not match. In addition, the last sentence of the second paragraph under ‘Profit’ on the same page should read: Consequently the operating profit excluding non-recurring items was EUR 12.5 million bigger than in the corresponding period of the previous year.
These errors have already been corrected on our Internet pages at www.kesko.fi, and the table is presented in its correct form below.
| Operating profit by division | 1-3/2004 | 1-3/2003 | Change, | Change |
|
| EUR million | EUR million | % | EUR million |
| Kesko Food* | -0.8 | 7.9 | (..) | -8.7 |
| Rautakesko* | 3.1 | 0.4 | (..) | 2.7 |
| Kesko Agro* | 2.4 | 0.6 | (..) | 1.7 |
| Keswell | -2.7 | -10.3 | 74.1 | 7.6 |
| VV-Auto | 8.7 | 5.8 | 49.4 | 2.9 |
| Kaukomarkkinat* | 2.5 | 1.0 | (..) | 1.5 |
| Common operations | 8.4 | 14.6 | -42.5 | -6.1 |
| Group’s operating profit | 21.6 | 20.0 | 7.8 | 1.6 |
| Associated companies | 0.1 | 0.1 | -1.8 | 0.0 |
| Net financial income | -1.1 | -0.1 | (..) | 1.0 |
| Profit before taxes | 20.6 | 20.0 | 3.1 | 0.6 |
* Change over 100%
The operating profit from real estate is included in the operating profit of common operations. It also includes the net expenses or income of other common operations, as well as Group items, such as corporate management expenses and amortisation of goodwill on consolidation.
KESKO CORPORATION
Corporate Communications
Atte Kaksonen
Manager
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HEX Helsinki Exchanges
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