Kesko Oyj (HEL:KESAV) New Logistics Centre For Anttila In Kerava

Kesko Oyj (HEL:KESAV) KESKO CORPORATION PRESS RELEASE 08.01.2009 AT 10.00 1(1)

The centre is planned to be completed in the Kerca logistics area in Kerava in early 2011. The main cooperation partner in construction will be SRV.

The logistics centre will serve as the joint central warehouse of Anttila, Kodin Ykkönen and NetAnttila. The total investment in the project will be about €50 million. When planning the new centre, Anttila provides for the growth during future decades. The floor area of the logistics centre will be around 19,000 m² and the cubic area some 300,000 m3. The target is to further improve the speed and accuracy of the deliveries of NetAnttila and department stores.

"Modern warehousing technology and the warehouse management and delivery system will account for more than half of the total investment. Now it is a good time to start building, as the availability of labour is good and the prices of building supplies have come down," says Matti Leminen, President of Anttila.

In terms of traffic, the location of the Kerca area is good. It provides fast access to all major roads of Southern Finland, while deliveries both to and from there can bypass the most congested areas of the Greater Helsinki Area. Kerca will also have direct rail connection to the main line and the Vuosaari Harbour in Helsinki.

Anttila has approximately 1,300 employees in the Greater Helsinki area, of whom some 250 work in the current central warehouse located in Hämeenkylä, Vantaa, which was built in 1975 and expanded in 1985 and 1990.

Photos can be downloaded at www.kerca.fi/kuvat.

Further information: President Matti Leminen, Anttila Oy, tel. +358 1053 40100 Logistics Manager Pasi Lähdemäki, Anttila Oy, tel. +358 1053 39489

There are 28 Anttila department stores and eight Kodin Ykkönen department stores for interior decoration and home goods (www.kodin1.com). There is also the TopTen speciality store for music, videos, games and entertainment electronics in Helsinki and an Anttila Store in Nummela, focusing on an extensive cosmetics department, a TopTen department for entertainment items and a constantly changing seasonal department. NetAnttila (www.netanttila.com) provides online and catalogue sales services in Finland, Estonia and Latvia. The net sales of the Anttila Group (www.anttila.fi) totalled €689.4 million in 2007.

Kesko (www.kesko.fi) is a retail specialist whose stores offer quality to the daily lives of consumers. Kesko has about 2,000 stores engaged in chain operations in the Nordic and Baltic countries, Russia, and Belarus.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Kesko Oyj

http://www.kesko.fi

ISIN: FI0009007900

Stock Identifier: XHEL.KESAV