STOCKMANN plc STOCK EXCHANGE RELEASE December 12, 2006, at 14.00


The Stockmann Group's sales in November were EUR 130.8 million. Consolidated sales, eliminating the Zara business in Russia that was divested as from January 1, 2006, and the Stockmann Auto business that was transferred to new owners on March 1, 2006, were up 3 per cent.

In November, the best growth in sales was reported by Seppälä whose sales were up 8 per cent. Seppälä's sales in Finland were down one per cent while the division's sales abroad grew by 51 per cent. The vigorous growth in sales by international operations was attributable to strong like-for- like sales and the expansion of the store network in Lithuania and Russia.

Sales by the Department Store Division were up 5 per cent. Sales were up 3 per cent in Finland and 14 per cent abroad. In Russia the division's November sales were hampered by customs problems in connection with the import of goods.

Hobby Hall's sales were down 8 per cent. Sales were down 11 per cent in Finland and up 15 per cent abroad. The decrease in sales in Finland was attributable to the catalogue program that was different than last year. The growth in sales by international operations was contributed by the opening of Hobby Hall's online store in Latvia.

Sales figures in November and in January-November

November January-November January- December

20062005 perc.20062005perc.2005
MeMe 06/05MeMe06/05Me
Department Store71.269.42.5727.0691.55.1797.1
Division, Finland Department Store 23.4 20.5 14.1 252.3 197.0 28.1 227.0 Division, international operations* Department Store 94.6 90.0 5.2 979.3 888.5 10.2 1 024.1 Division, total*
Stockmann Auto*74.864.316.364.3
Hobby Hall, Finland19.622.1 -11.3155.7162.4-4.1176.5
Hobby Hall,4.13.515.230.932.5-4.934.0
international operations
Hobby Hall, total23.725.6-7.7186.5194.8-4.3210.5
Seppälä, Finland9.69.7-0.8107.6115.2-6.6132.4
Seppälä, international2.81.950.830.420.051.922.9
Seppälä, total12.411.67.5138.0135.22.1155.2
Real estate + others0.10.1-
Operations in Finland, 100.5 101.3-0.81 065.91 034.23.11 171.2
total* International 30.3 25.9 16.9 313.6 249.4 25.7 283.9 operations, total* Stockmann total* 130.8 127.2 2.8 1 379.5 1 283.7 7.5 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:

November January-November

Department Store Division,-9.05.8
international operations
Department Store Division, total-0.65.3
Operations in Finland, total-26.3-21.3
International operations, total-2.77.8
Stockmann total-21.9-16.2


Hannu Penttilä CEO

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