STOCKMANN GROUP SALES IN MAY 2008

STOCKMANN plc Company Announcement 10.6.2008 at 10.00

STOCKMANN GROUP SALES IN MAY 2008

Stockmann Group's sales in May increased by 57 per cent to EUR 189 million. The reasons for strong growth were including of Lindex sales figures in the Stockmann Group's sales, Department Store Divisions good growth figures in the Finnish and Baltic markets and also good growth of Seppälä especially in Russia.

Sales of Department Store Division increased by 6 per cent. Sales were up 8 per cent in Finland and decreased one per cent abroad. The reason for sales decrease abroad were illegal measures used by the landlord which forced Stockmann to temporarily close one of its department stores in Moscow on May 13. Sales of Stockmann's other department stores in Russia developed well.

Seppälä's sales increased by 7 per cent, 4 per cent in Finland and 15 per cent abroad.

Lindex's sales development was strong especially in the Swedish and Norwegian markets.

Sales of Hobby Hall decreased by 19 per cent, 15 per cent in Finland and 30 per cent abroad. The monthly volatility of Hobby Hall's sales figures is high, due to different timing of campaign catalogues from year to year.

Sales figures in May

May January-May January- December

changechange
20082007perc.20082007perc.2007
EUREUR08/07EUREUR08/07EUR
mill.mill.mill.mill.mill.
Department Store67.862.68.3348.6327.86.4871.8
Division, Finland Department Store 23.4 23.6 -1.1 151.2 126.8 19.2 346.3 Division, international operations Department Store 91.2 86.2 5.7 499.8 454.6 10.0 1 218.1 Division, total
Lindex, Finland7.60.029.10.07.3
Lindex,58.70.0232.80.060.8
international operations
Lindex, total66.30.0261.90.068.1
Hobby Hall, Finland12.314.4-14.866.569.4-4.1168.5
Hobby Hall,3.04.4-30.415.617.7-11.838.0
international operations
Hobby Hall, total15.318.8-18.582.287.1-5.7206.5
Seppälä, Finland11.511.04.243.144.1-2.2123.1
Seppälä,4.74.115.221.716.928.651.6
international operations
Seppälä, total16.215.17.264.861.06.3174.7
Real estate +0.10.1-13.10.30.4-9.10.8
others Operations in 99.2 88.1 12.6 487.7 441.6 10.4 1 171.5 Finland, total International 89.8 32.1 180.1 421.4 161.5 161.0 496.8 operations, total Stockmann total 189.0 120.1 57.3 909.1 603.0 50.8 1 668.3

Sales by Lindex reported as from December 6, 2007.

STOCKMANN plc

Hannu Penttilä CEO

DISTRIBUTION OMX Nordic Exchange Helsinki Principal media





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