Stockmann plc ("Stockmann") announced on 1 October 2007 a public tender offer (the "Offer") for all the outstanding shares in AB Lindex (publ) ("Lindex"). According to the terms and conditions of the Offer the completion of the Offer is conditional inter alia upon that Lindex through a final registration with the relevant authority has acquired title to the trademark "LINDEX" on the Russian market. Stockmann has learned that the trademark "LINDEX" has now been registered in Russia. The above condition to completion of the Offer has thus been fulfilled.

The completion of the Offer is still subject to the fulfillment of the other conditions set out in the offer announcement published on 1 October 2007, including approvals from competition authorities. The Finnish Competition Authority has approved the acquisition pursuant to the Offer by its decision dated 22 October 2007. Other approvals required for the completion of the Offer are expected to be granted during the month of November 2007 at the latest.

As previously announced, the offer document relating to the Offer will be published on 26 October 2007 and the offer period will commence on 29 October 2007 and expire on 30 November 2007.

Helsinki, 24 October 2007


Hannu Penttilä CEO

DISTRIBUTION OMX Nordic Exchange Helsinki Principal media

This announcement is not and must not, directly or indirectly, be distributed or made public in Australia, Canada, Japan or South Africa. The Offer is not being made to persons in those jurisdictions or elsewhere where their participation requires further offer, filings or other measures in addition to those required by Swedish law. This announcement shall not constitute an offer to buy or the solicitation of an offer to

sell any securities.As stated above, Stockmann intends to publish the
offer document relating to the Offer on 26 October 2007.Investors are
urged to read such document when it becomes available because it will contain important information regarding the Offer.

The Offer described in this announcement is made for the securities of Lindex and is subject to the laws of Sweden. It is important that U.S. holders understand that the Offer is subject to disclosure and takeover laws and regulations in Sweden that may be different from those in the United States. To the extent applicable, Stockmann will comply with Regulation 14E under the U.S. Securities Exchange Act of 1934, as amended (the "Exchange Act"). Stockmann does intend, however, to treat the Offer as one to which the "Tier II" exemption mentioned in Rule 14d-1 (d) under the Exchange Act is applicable.