STOCKMANN plc STOCK EXCHANGE RELEASE December 9, 2005, at 13.30


In November, the Stockmann Group's sales amounted to EUR 167.5 million, up 10.0 per cent.

The largest growth was reported by the Department Store Division, up 19 per cent. The division's sales grew by 11 per cent in Finland and by 47 per cent abroad. The increase in sales in Finland was contributed by the new department store that was opened in the new section of the Jumbo shopping centre in Vantaa at the end of October and has got a good start, as well as by the fourth Zara store in Finland. The positive sales growth abroad is attributable to the new department store that was opened in Moscow in December 2004, the growth of the network of stores and the excellent growth in like-for-like sales in all the market areas.

Stockmann Auto's sales were up 10 per cent. All product lines reported a good sales growth.

Seppälä's sales were down one per cent on the previous year; sales decreased by 6 per cent in Finland whereas the sales abroad increased by 36 per cent. The exceptionally warm weather in November made sales of heavy clothing difficult for both the Department Store Division and Seppälä.

Hobby Hall's sales were down 10 per cent on the previous year. This was attributable mainly to marketing activities and their timing that differed from the previous year. Sales decreased in Finland by 8 per cent and abroad by 20 per cent. The sales abroad were affected by the withdrawal from Lithuania during the first part of the year.

Sales figures in November and in January-November

November January-November January- December

20052004 perc.20052004perc.2004
MeMe 05/04MeMe05/04Me
Department Store69.462.810.6691.5650.06.4746.1
Division, Finland Department Store 25.8 17.6 46.7 238.5 166.5 43.2 192.7 Division, international operations Department Store 95.2 80.3 18.5 930.0 816.5 13.9 938.8 Division, total
Stockmann Auto*35.031.810.0385.3406.1-5.1437.1
Hobby Hall, Finland22.124.0-8.0162.4163.3-0.6180.4
Hobby Hall,3.54.4 -19.732.532.40.334.0
international operations
Hobby Hall, total25.628.4-9.8194.8195.7-0.4214.4
Seppälä, Finland9.710.3-5.7115.2110.83.9128.3
international operations
Seppälä, total11.611.6-0.7135.2124.38.7143.7
Real estate +
others Operations in 136.3 128.9 5.7 1 355.2 1 331.1 1.8 1 492.8 Finland, total International 31.2 23.3 33.6 291.0 212.4 37.0 242.1 operations, total Stockmann total* 167.5 152.3 10.0 1 646.1 1 543.5 6.6 1 735.0

* With the elimination of the sales by the unit transferred to Kesko on July 1, 2004, from Stockmann Auto's comparison figure for 2004, the division's sales in January-November were up 8 per cent and the consolidated sales were up 10 per cent.


Hannu Penttilä CEO

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