Eastern European Markets

February, the 2nd 2010

Konekesko Eesti AS sells its agrinetwork business to Farm Plant Eesti AS

Konekesko Eesti AS, the subsidiary of Konekesko Ltd in Estonia, entered into agreement with Farm Plant Eesti AS. According to agreement Konekesko Eesti AS sells its agrinetwork business to Farm Plant Eesti AS, who took over Konekesko Eesti AS's agrinetwork business starting from 1 February 2010.

The network unit of Konekesko Eesti AS has been selling fertilizers, seeds, pesticides and accessories in Jüri, Mäeküla, Rakvere, Tartu, Viljandi and Võru. As a result of this transaction Farm Plant Eesti AS continues providing the same services in the same regions. In Jüri, Mäeküla and Tartu the sales activities will be carried out in Konekesko Eesti AS's centres.

Konekesko Eesti AS continues its agri-, construction and real estate machinery business, providing also after sales services to the products. The purpose of Konekesko Eesti AS is to provide effective solutions for its customers by representing known brands from all over the world.

The main brands of Konekesko Eesti AS are Claas, Massey Fergusson, New Holland Construction, Ponsse, Grove, Kubota, Lemken, Hardi and Grimme and the machine centres are located in Jüri, Mäeküla and Tartu. Konekesko Eesti AS is 100% owned by Konekesko Ltd which is a subsidiary of Kesko group, one of the biggest retail and wholesale companies in Finland

After above mentioned transaction Konekesko Eesti AS has more resources to concentrate on development the main machinery businesses agreed in its strategy. The main focus will be on the improvement of after sales services.

Swedish owned Farm Plant Eesti AS produces concentrated feed and fertilizers, offers Yara fertilizers, pesticides, certified seeds and feed accessories. They are also in grain business and provide consultation services. 85% of the company is owned by Scandinavian Farmers AB and 15% by Yara Sweden AB.

About Kesko:
Kesko ( 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.

For further information, please contact:
Member of the Management Board, Tõnu Kelder, Konekesko Eesti AS,
tel. +3726059100
Member of the Management Board, Jyrki Virtanen, Farm Plant Eesti AS,
tel. +3724354333

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