*SHARES SUBSCRIBED WITH OPTIONS: STOCKMA

HEX HELSINKI SECURITIES EXCHANGE RELEASE 265/2004 SHARES 30 June 2004

SHARES SUBSCRIBED WITH OPTIONS: STOCKMANN OYJ ABP

A total of 597 118 B-shares have been subscribed with the Stockmann Oyj Abp´s 1999 Loyal Customer share options. The shares will be traded on Helsinki Exchanges as old shares as of 1 July 2004.

Identifiers of Stockmann Oyj Abp's B-share as of 1 July 2004:

Trading code:STCBV
ISIN code:FI0009000251
Number of shares:28 670 866

HELSINKI EXCHANGES Janne Seppänen





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