*SHARES SUBSCRIBED WITH WARRANTS: STOCKM

HEX HELSINKI SECURITIES EXCHANGE RELEASE 324/2003 SHARES 28 November 2003

SHARES SUBSCRIBED WITH WARRANTS: STOCKMANN PLC

A total of 1 037 246 B-shares have been subscribed with the warrants attached to Stockmann Plc's 1997 bond with warrant. The shares will be traded on Helsinki Exchanges as old shares as of 1 December 2003.

Identifiers of Stockmann Oyj Abp's B-share:

Trading code:STOBV
ISIN code:FI0009000251
Number of shares:27 887 648

HELSINKI EXCHANGES Pekka Peiponen





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