STOCKMANN GROUP'S REVENUE IN JANUARY 2010

STOCKMANN plc Company Announcement 9.2.2010 at 11.30

STOCKMANN GROUP'S REVENUE IN JANUARY 2010

In January, the Stockmann Group's revenue (exclusive of VAT) exclusive of Hobby Hall's discontinued operations abroad amounted to EUR 125.1 million, up 1.3 per cent. Seasonal sale campaigns were considerably smaller than in the previous year, thanks to healthy stock levels in all business divisions.

Since the beginning of 2010, Hobby Hall has been a part of the Department Store Division. The Department Store Division's revenue includes Hobby Hall's figures and the comparison figures have been changed respectively. The Department Store Division's revenue declined by 2.8 per cent. Revenue in Finland was down 2.8 per cent. Revenue abroad declined by 2.9 per cent due to the weak sales in the Baltic market. In Russia, the department stores' revenue increased by 9.0 per cent. There is one department store more in Russia than in January 2009.

Lindex's revenue increased by 11.5 per cent. Revenue increased by 4.6 per cent in Finland and by 12.6 per cent abroad. Revenue increased in all markets but Latvia.

Seppälä's revenue was down 0.7 per cent. Revenue declined by 1.9 per cent in Finland and was 1.6 per cent up abroad, thanks to the 13 per cent growth in the Russian market. Sales in the Baltic countries continued to be weakish.

Revenue (exclusive of VAT) in January

January

20102009 change
EUREURperc.
mill.mill.10/09
Department Store55.857.4-2.8
Division, Finland Department Store 20.5 21.1 -2.9 Division, international operations Department Store 76.3 78.5 -2.8 Division, total
Lindex, Finland4.64.44.6
Lindex,32.929.312.6
international operations
Lindex, total37.633.711.5
Seppälä, Finland7.37.4-1.9
Seppälä,3.93.81.6
international operations
Seppälä, total11.111.2-0.7
Real estate +0.00.069.8
others Operations in 67.7 69.3 -2.2 Finland, total International 57.3 54.2 5.8 operations, total Stockmann total, 125.1 123.5 1.3 continuing operations Discontinuing 0.0 1.7 -100.2 operations: Hobby Hall, international operations Stockmann total 125.0 125.2 -0.1

STOCKMANN plc

Hannu Penttilä CEO

DISTRIBUTION NASDAQ OMX Principal media





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