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


The Stockmann Group's sales in July were EUR 101.9 million. Consolidated sales, eliminating the Zara business in Russia that 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 were up 10 per cent. Sales rose by 6 per cent in Finland and by 21 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 although the summer sale took place later than last year. Sales were further lifted by the expansion of the Bestseller chain in Russia.

Hobby Hall's sales rose by 20 per cent. Sales in Finland were up 21 per cent. The development of online sales in Finland was especially strong: in July sales were up 43 per cent. Hobby Hall's sales abroad were up 9 per cent.

Seppälä's sales were up one per cent. Sales in Finland were down 6 per cent while they were up 46 per cent abroad. The strong growth was attributable to the expansion of the store network in Russia, Lithuania and Latvia.

Sales figures in July and in January-July

July January-July January- December

20062005 perc.20062005perc.2005
MeMe 06/05MeMe06/05Me
Department Store55.452.45.7433.9405.96.9797.1
Division, Finland Department Store 22.4 18.4 21.4 150.4 116.3 29.4 227.0 Division, international operations* Department Store 77.8 70.8 9.8 584.4 522.2 11.9 1 024.1 Division, total*
Stockmann Auto*74.864.316.364.3
Hobby Hall, Finland7.86.421.189.691.3-1.9176.5
Hobby Hall,
international operations
Hobby Hall, total8.77.219.8107.4110.4-2.7210.5
Seppälä, Finland12.313.1-6.369.973.9-5.4132.4
Seppälä, international3.12.245.718.211.460.122.9
Seppälä, total15.415.
Real estate + others0.10.1-
Operations in Finland,75.572.04.9668.8636.05.21 171.2
Total* International 26.4 21.4 23.4 186.5 146.7 27.1 283.9 operations, total* Stockmann total* 101.9 93.4 9.1 855.2 782.7 9.3 1 455.1

* 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:

Department Store Division,3.211.4
international operations
Department Store Division, total5.08.0
Operations in Finland, total-27.2-18.6
International operations, total7.112.7
Stockmann total-20.6-13.3


Hannu Penttilä CEO

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