STOCKMANN GROUP'S SALES IN JUNE 2006

STOCKMANN plc STOCK EXCHANGE RELEASE July 11, 2006, at 12.00

STOCKMANN GROUP'S SALES IN JUNE 2006

The Stockmann Group's sales in June were EUR 106.8 million. Consolidated sales, eliminating the Zara business in Russia which was divested to Inditex of Spain as from January 1, 2006, and the Stockmann Auto business that was transferred to new owners on March 1, 2006, were up 9 per cent.

Sales by the Department Store Division, eliminating the Zara business in Russia, grew by 12 per cent. Sales rose by 7 per cent in Finland and by 31 per cent abroad. Sales in Finland were lifted by the new department store that was opened in the Jumbo Shopping Centre in Vantaa, near Helsinki, in October 2005. In the international operations the like-for-like growth was strong in all market areas and sales were lifted by the expansion of the Bestseller chain in Russia as well.

Hobby Hall's sales were at the previous year's level. Sales in Finland were at the level of last year. Sales abroad were down 3 per cent.

Seppälä's sales were up 6 per cent. Sales in Finland were down 3 per cent. Sales abroad grew by 65 per cent, which was attributable to the expansion of the store network in Russia, Lithuania and Latvia as well as the good same-store growth sales.

Sales figures in June and in January-June

JuneJanuary-JuneJanuary-December
changechange
20062005perc.20062005perc.2005
MeMe06/0506/05Me
MeMe
Department 60.7 56.9 6.7 378.6 353.5 7.1 797.1 Store Division, Finland Department 18.7 14.3 30.7 128.0 97.8 30.9 227.0 Store Division, international operations* Department 79.3 71.1 11.5 506.6 451.4 12.2 1024.1 Store Division, total* Stockmann 74.8 64.3 16.3 64.3 Auto* Hobby Hall, 10.9 10.9 -0.1 81.8 84.9 -3.7 176.5 Finland Hobby Hall, 1.8 1.9 -2.8 17.0 18.3 -7.2 34.0 international operations Hobby Hall, 12.7 12.8 -0.5 98.8 103.2 -4.3 210.5 total Seppälä, 11.8 12.1 -2.5 57.6 60.7 -5.2 132.4 Finland Seppälä, 2.9 1.8 64.6 15.0 9.2 63.5 22.9 international operations
Seppälä, total14.713.96.072.669.93.8155.2
Real estate +0.10.19.40.50.47.20.9
others Operations in 83.5 80.0 4.4 593.2 564.0 5.2 1171.2 Finland, total International 23.4 17.9 30.5 160.0 125.3 27.7 283.9 operations, total* Stockmann 106.8 97.9 9.2 753.3 689.3 9.3 1455.1 total*

* The figures for 2005 do not include the Zara business in Russia that was sold at the turn of the year nor the March-December sales by the Stockmann Auto division that was divested at the beginning of March 2006. If the sales in 2005 by Zara Russia and Stockmann Auto are included in the comparison figures, the change of sales in per cent was:

June January-June 2006 2006

change perc.change perc.
Department Store Division,8.012.9
international operations
Department Store Division, total7.08.5
Operations in Finland, total-31.4-17.3
International operations, total11.813.6
Stockmann total-25.1-12.3
STOCKMANN plc

Hannu Penttilä CEO

DISTRIBUTION Helsinki Stock Exchange Principal media





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