STOCKMANN GROUP'S SALES IN OCTOBER 2003

STOCKMANN plc STOCK EXCHANGE RELEASE October 5, 2003, 9.00 a.m.

STOCKMANN GROUP'S SALES IN OCTOBER 2003

In October, the Stockmann Group's sales were up 10 per cent and totalled EUR 171.7 million. The sales by all the divisions grew. The best growth was reported by Seppälä whose sales were up 14 per cent. Seppälä's sales grew clearly both in Finland and abroad where four new stores were opened in September-October in a new market area, Riga in Latvia. Both the Department Store Division's and the Vehicle Division's sales grew by 11 per cent, and Hobby Hall's sales were up 3 per cent. The Department Store Division's Crazy Days campaign was a success and reached again new sales records both in Finland and Estonia. The division's ninth full-scale department store was opened in Riga on October 17.

Sales figures in October and in January-October

October January-October January- December

20032002Ind.20032002Ind.2002
EUREUR 03/02EUREUR03/02EUR
mill.mill.mill.mill.mill.
Department Store94.985.4111669.9638.5105811.1
Division
Vehicle Division42.738.5111408.2334.0122398.9
Hobby Hall21.220.7103186.9187.6100237.1
Seppälä12.811.3114102.2104.198132.7
Real Estate+others0.10.00.71.32.5
Stockmann total171.7155.91101 367.91 265.51081 582.3

STOCKMANN plc

Hannu Penttilä CEO

DISTRIBUTION Helsinki Exchanges Principal media





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