STOCKMANN GROUP'S SALES IN MAY

STOCKMANN plc STOCK EXCHANGE BULLETIN June 11, 2003, 11.00 a.m.

STOCKMANN GROUP'S SALES IN MAY

In May, the Stockmann Group's sales were up 11 per cent, amounting to EUR 146.0 million. Sales by the Vehicle Division continued to grow vigorously and were up as much as 33 per cent on May last year. The Department Store Division's sales grew by 7 per cent and Hobby Hall's sales by 2 per cent. The fashion business in Finland has all the spring been tame. That was reflected also in Seppälä's sales, which were 10 per cent down on May 2002. Seppälä's largest store in Estonia, located in Tallinn's Viru Centre, will be closed for renovation for about a year.

Sales figures in May and in January-May

May January-May January- December

20032002Ind.20032002Ind.2002
EUREUR 03/02EUREUR03/02EUR
mill.mill.mill.mill.mill.
Department Store65.461.2107325.9317.6103811.1
Division
Vehicle Division46.435.0133209.1160.1131398.9
Hobby Hall22.722.310297.799.598237.1
Seppälä11.412.79046.047.796132.7
Real Estate+others0.10.20.40.32.5
Stockmann total146.0131.4111679.0625.31091 582.3

STOCKMANN plc

Hannu Penttilä CEO

DISTRIBUTION Helsinki Exchanges Principal media





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