Notice of Kesko Corporation’s Extraordinary General Meeting
Notice is given to Kesko Corporation’s shareholders of an Extraordinary General Meeting to be held at the Helsinki Fair Centre’s congress wing, Rautatieläisenkatu 3, Helsinki, on Tuesday, 9 November 2004 at 13.00 hrs.
The following matters will be on the agenda of the meeting:
The Board of Directors proposes to the Extraordinary General Meeting that, in addition to the dividend decided at the Annual General Meeting on 29 March 2004, a dividend of EUR 1.00 per A share and an old B share be distributed on the basis of the balance sheet adopted for the financial year ended on 31 December 2003.
According to the terms and conditions of Kesko Corporation’s year 2000 stock option scheme, shares subscribed for with the B and C warrants referredtoin the terms and conditions of the scheme do not entitle to dividends until the financial year during which they are subscribed and paid for. Therefore the additional dividend is not proposed to be paid for Kesko Corporation’s new B shares subscribed for with B or C warrants during the year 2004 and listed on the main list of the Helsinki Stock Exchange as the “Kesko B uudet” series.
The additional dividend reduces the share subscription prices of B and C warrants of Kesko Corporation’s year 2000 stock option scheme and the share subscription prices of D and E warrants of the year 2003 stock option scheme in accordance with the terms and conditions of the schemes.
Payment of dividend
If the Extraordinary General Meeting approves the Board of Directors’ proposal for the additional dividend, the dividend will be paid to company shareholders included in the shareholder register kept by the Finnish Central Securities Depository Ltd on 12 November 2004, the record date for payment of dividend. The Board of Directors proposes that the additional dividend be paid on 19 November 2004.
Right to attend the meeting
Shareholders have the right to attend the Extraordinary General Meeting if they are included on 29 October 2004 in the company’s register of shareholders kept by the Finnish Central Securities Depository Ltd.
Holders of nominee-registered shares can be temporarily registered in the company’s register of shareholders on 29 October 2004 for the purpose of attending the Extraordinary General Meeting. The request for registration shall be made to the administrator of nominee registration.
Notification
Shareholders wishing to attend the Extraordinary General Meeting shall notify the company not later than 2 November 2004 at 16.00 hours either
- by letter to Kesko Corporation, Legal Affairs, Satamakatu 3, FI-00016 Kesko,
- by telephone +358 1053 23211,
- by fax +358 1053 23421,
- by e-mail to taina.lepisto@kesko.fi or
- through the Internet at http://www.kesko.fi/investorinformation following the instructions therein.
The notification must be received by the end of the notification period. In addition to their names, shareholders are requested to give their personal identity codes or business identity codes. Any proxies shall be sent to the above mailing address by the end of the notification period.
Helsinki, 21 September 2004
KESKO CORPORATION’S BOARD OF DIRECTORS
Further information: Executive Vice President, CFO Juhani Järvi, tel +358 1053 22209.
Kesko Corporation
Corporate Communications
Atte Kaksonen
Manager
DISTRIBUTION
Helsinki Stock Exchange
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