90,000 STOCKMANN SERIES A SHARES CONVERT

STOCKMANN plc STOCK EXCHANGE ANNOUNCEMENT September 8, 2003, 17.15 p.m.

90,000 STOCKMANN SERIES A SHARES CONVERTED TO SERIES B SHARES

The Board of Directors of Stockmann plc has in its meeting on August 12, 2003, approved the request of a shareholder to convert 90,000 Series A shares to Series B shares in accordance with Article 3 in the Articles of Association of Stockmann plc. The conversions of shares were registered on September 5, 2003. The converted shares will be listed on the Helsinki Exchanges together with the old shares on September 9, 2003.

The share capital of Stockmann plc is divided into Series A and Series B shares. Series A shares carry ten votes and Series B shares one vote. The par value of both series of shares is EUR 2.00 and the shares of both series entitle their holders to an equal dividend.

STOCKMANN plc

Hannu Penttilä CEO

DISTRIBUTION Helsinki Exchanges Principal media





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