FINNISH COMPETITION AUTHORITY APPROVES SALE OF STOCKMANN AUTO OY AB TO

STOCKMANN plc STOCK EXCHANGE RELEASE February 9, 2006, at 13.00

FINNISH COMPETITION AUTHORITY APPROVES SALE OF STOCKMANN AUTO OY AB TO VEHO, SALE OF STOCKMANN'S VOLKSWAGEN-AUDI-BUSINESS TO KESKO AND SALE OF THE TURKU AND ESPOO FORD BUSINESSES TO SOK

On January 20, 2006, Stockmann sold the entire shares outstanding in its subsidiary Stockmann Auto Oy Ab to Veho Group Oy Ab, Stockmann Auto's Volkswagen-Audi business, including its real-estate properties, to Kesko Corporation's subsidiary VV-Auto Oy and its retailing company Helsingin VV- Auto Oy, as well as the Ford dealerships in Turku and Espoo to Maan Auto Group, owned by SOK Corporation. According to the agreements title to Stockmann Auto and the divested businesses will pass to the buyers on March 1, 2006, subject to approval of the transactions by the competition authorities. The Finnish Competition Authority has approved the transactions, and they will be completed on March 1, 2006.

Further information: Jukka Naulapää, director, legal affairs, Stockmann, tel. +358 9 121 3850

STOCKMANN plc

Hannu Penttilä CEO

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