STOCKMANN'S BOARD OF DIRECTORS SUPPLEMENTED THE APPOINTMENTS AND COMPENSATION COMMITTEE

STOCKMANN plc RELEASE December 20, 2005 at 15.15

STOCKMANN'S BOARD OF DIRECTORS SUPPLEMENTED THE APPOINTMENTS AND COMPENSATION COMMITTEE

In its meeting held today, December 20, 2005, Stockmann's Board of Directors decided to supplement the Board's Appointments and Compensation Committee by appointing Board member, professor Eva Liljeblom as a new member of the committee. As chairman of the committee serves Lasse Koivu, chairman of the Board of Directors, the other members being Erkki Etola, vice chairman of the Board of Directors, and Board member Henry Wiklund.

The task of the Appointments and Compensation Committee is the preparation of appointment and compensation matters concerning the chief executive officer, the executive vice president and the other members of the Management Committee, the preparation of the election of the members of the Board of Directors for proposal to the Annual General Meeting as well as the preparation of compensation matters concerning the Board of Directors.

STOCKMANN plc

Hannu Penttilä CEO

DISTRIBUTION Helsinki Stock Exchange Principal media